CADA
Price wars fail to boost China's auto consumption
With consumers in a wait-and-see mood, orders and transaction rates did not increase significantly, and auto demand recovered less than expected, the CADA said.
Chinese consumers' demand for cars set to fall in Jan, industry body says
Lack of consumer confidence and the Chinese New Year holiday will send China's auto sales down in January, an industry association said.
Tesla Model Y has best resale value among BEVs in China
From January to August, the Model Y sold 172,418 units in China, nearly tripling the sales of the Model 3, which has the seventh highest value retention rate.
Luxury car sales in China see rare decline in Aug
August retail sales of luxury cars in China were 278,000, down 9.4 percent year-on-year, according to a recent report by the China Automobile Dealers Association.
China's auto market demand to be released gradually as chip problem eases, industry association says
With the chip problem eased and manufacturers' production capacity gradually restored, the previously suppressed market demand will gradually be released, and auto sales are expected to increase in August, the China Automobile Dealers Association (CADA) said.
