Volkswagen Q1 Profit Falls 14.3% as China Deliveries Drop
Volkswagen’s Q1 2026 revenue fell to €75.657 billion, with declining profits amid rising costs and stiff competition, particularly in China.
Changan Nevo Follows BYD in Raising Prices on Q07 as Chip Costs Surge
Since the beginning of this year, more than 15 NEV makers have announced price increases or reductions in terminal discounts.
Seres Q1 Revenue Rises 34.5% as Core Profit Slumps on R&D Spending
Seres Group’s Q1 2026 revenue rose 34.5%, but core net profit fell 73.87%, driven by increased R&D investments.
First Spy Shots of the BYD Fangchengbao Formula S Interior
Formula Leopard’s FORMULA series sedan lineup debuted, emphasizing personalization and performance, with three models.
China Auto Dealer Inventory Alert Index Rises to 62.1% in April
China’s auto dealer inventory index rose in April 2026, revealing market pressures and declining sales.
China Auto Retail Seen at 1.45 Million Units in April as VIA Rises to 62.1%
China’s Vehicle Inventory Alert Index rose in April 2026, reflecting weak sales and cautious dealer sentiment despite upcoming auto events.
Global Car Sales 22.4 Million in Q1 2026, China’s Share 31.5%
Global car sales dropped 2% in early 2026, with China’s share significantly declining but recovering.
The Final Great Bloom of Variety at the 2026 Beijing Auto Show
The 2026 Beijing Auto Show signals a peak in China’s auto industry, highlighting likely impending consolidation amidst emerging challenges.
Mercedes-Benz Q1 Revenue Hits €31.60B, China Accounts for 26.6% of Sales
Mercedes-Benz’s Q1 2026 results show revenue and profit declines, but exceeded market expectations.
China NEV Passenger Car Retail Sales Fall 11% to 614K Units in April 1–26
April’s auto sales in China continued declines, with significant drops in both retail and wholesale, though NEVs offered some support.
