China Passenger Vehicle Forecast Slashed as Inventory Gluts and Cost Spikes Bite

According to reporting from CNBC Finance, the China Passenger Car Association has significantly corrected its annual retail outlook down to a 14% contraction. This sharp reversal follows a 20.2% sales drop during the first half of 2026, marking a dramatic cooling period for a mar

According to reporting from CNBC Finance, the China Passenger Car Association has significantly corrected its annual retail outlook down to a 14% contraction. This sharp reversal follows a 20.2% sales drop during the first half of 2026, marking a dramatic cooling period for a mar