Xiaomi is planning for global expansion following its success in China, but it looks like those plans won't include the ...

Elon Musk, the company’s chief executive, is fast losing out to Chinese electric carmakers in Tesla’s second-most-important ...

Car sales edged up slightly in the first two months of 2025, aided by government subsidies and a growing appetite for electric vehicles (EVs). The world’s largest auto market is experiencing fierce ...

China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part ...

Chinese cars have gained a reputation for being cheap ... There are several factors contribute to their low price tags,' explains Tom Jervis, consumer reporter at Auto Express.

Specific measures outlined to boost consumption this year include a significant expansion of China's trade-in scheme launched last year that so far has focused on electric cars, consumer ...

“That is good for consumer choice.” The rapid growth of Chinese models means EVs now account for 10 percent of new car sales in Australia, slightly higher than in the United States, and EV ...

Consumer prices fell in China in February for the first time in ... reducing prices for new cars. The producer price index, which measures the wholesale price of goods, fell 2.2% in February ...