Ding Haifeng

New Business

Chinese carmakers rein in EV price cuts at Beijing’s behest as discount war takes its toll

Chinese carmakers have refrained from offering steep discounts to align with Beijing’s efforts to protect a vital industry, but an…

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New Business

A bleak 2025 awaits China’s 30,000 car dealers as price war piles on US$24 billion losses

More than 30,000 car dealers in mainland China are facing another bleak year in 2025, with many turning from profit-generators…

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New Business

China’s second-largest car dealer faces forced delisting as investors snub its shares

China Grand Automotive Service, the mainland’s second-largest car dealer in terms of sales, is set to be expelled from the…

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