#china-market

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Ferrari shipments decline with China slump taking toll

Ferrari's shipments fell 2%, primarily due to a 29% slump in China, but it still confirmed its full-year guidance.
#electric-vehicles

Tesla China sells 68,280 vehicles wholesale in October 2024

Tesla China experienced a substantial drop in vehicle sales in October 2024, indicating potential challenges in the market.

The China threat and the EV slowdown- 2 takeaways from a busy few weeks in auto news

Car manufacturers are reducing production and cutting costs due to a competitive price war and inventory issues, particularly in the Chinese EV market.

Luxury European automakers are getting crushed in China

European luxury carmakers are losing ground in China's market due to rising competition from affordable, tech-driven Chinese manufacturers.

GM CEO Mary Barra says there's so much EV competition in China that it's driving a price war that isn't sustainable

EV manufacturers face unsustainable competition in China due to a price war driven by over 120 brands in the market.

Ford's F Stock Dividend Is on the Chopping Block

Ford's stock is in jeopardy due to potential dividend cuts and tough competition from Chinese EVs.
Dividend cuts could lead to significant stock losses for Ford shareholders.

Tesla China sells 88,321 vehicles wholesale in September: CPCA

Tesla China achieved 88,321 vehicle sales in September 2024, marking a strong performance despite a slight year-over-year decline in total vehicle sales.

Tesla China sells 68,280 vehicles wholesale in October 2024

Tesla China experienced a substantial drop in vehicle sales in October 2024, indicating potential challenges in the market.

The China threat and the EV slowdown- 2 takeaways from a busy few weeks in auto news

Car manufacturers are reducing production and cutting costs due to a competitive price war and inventory issues, particularly in the Chinese EV market.

Luxury European automakers are getting crushed in China

European luxury carmakers are losing ground in China's market due to rising competition from affordable, tech-driven Chinese manufacturers.

GM CEO Mary Barra says there's so much EV competition in China that it's driving a price war that isn't sustainable

EV manufacturers face unsustainable competition in China due to a price war driven by over 120 brands in the market.

Ford's F Stock Dividend Is on the Chopping Block

Ford's stock is in jeopardy due to potential dividend cuts and tough competition from Chinese EVs.
Dividend cuts could lead to significant stock losses for Ford shareholders.

Tesla China sells 88,321 vehicles wholesale in September: CPCA

Tesla China achieved 88,321 vehicle sales in September 2024, marking a strong performance despite a slight year-over-year decline in total vehicle sales.
moreelectric-vehicles
#sales-decline

Apple beats expectations, but drops in China

Apple's sales in China are declining, indicating potential market saturation and increased competition from local brands.
Tim Cook noted active devices are at an all-time high, despite sales challenges.

China's luxury market has been in a slump, and we're about to find out how bad it really is

China's luxury market faces its worst quarter in four years, despite aggressive stimulus measures.
from Business Insider
2 months ago

China is Starbucks' 2nd biggest market, but sales are slumping. Here's why.

Starbucks' comparable sales in China fell by 14%, highlighting challenges in consumer spending and market competition.
from Business Insider
3 months ago

It looks like the party's over for luxury goods in China

Luxury retailers in China experience significant sales decline, impacted by luxury shame and shifting purchases to other markets.

Apple beats expectations, but drops in China

Apple's sales in China are declining, indicating potential market saturation and increased competition from local brands.
Tim Cook noted active devices are at an all-time high, despite sales challenges.

China's luxury market has been in a slump, and we're about to find out how bad it really is

China's luxury market faces its worst quarter in four years, despite aggressive stimulus measures.

China is Starbucks' 2nd biggest market, but sales are slumping. Here's why.

Starbucks' comparable sales in China fell by 14%, highlighting challenges in consumer spending and market competition.

It looks like the party's over for luxury goods in China

Luxury retailers in China experience significant sales decline, impacted by luxury shame and shifting purchases to other markets.
moresales-decline
#economic-challenges

Forget China, fashion empires are facing an even greater risk from 'luxury fatigue' according to Chanel exec

Luxury houses are facing a downturn due to slowing demand in China and emerging 'luxury fatigue' among consumers. The outlook for 2025 and 2026 appears challenging.

Mercedes profits nosedive on weak China sales DW 10/25/2024

Mercedes-Benz profits dropped over 50% in Q3 due to challenges in the Chinese market and increasing competition.

Forget China, fashion empires are facing an even greater risk from 'luxury fatigue' according to Chanel exec

Luxury houses are facing a downturn due to slowing demand in China and emerging 'luxury fatigue' among consumers. The outlook for 2025 and 2026 appears challenging.

Mercedes profits nosedive on weak China sales DW 10/25/2024

Mercedes-Benz profits dropped over 50% in Q3 due to challenges in the Chinese market and increasing competition.
moreeconomic-challenges

Intel to expand Chengdu facility, despite US China tension

Intel is committed to expanding its operations in China despite geopolitical challenges.
#tesla

Tesla China has re-launched this popular promo for the Model 3 and Y

Tesla has extended its zero-interest financing promotion in China to encourage vehicle sales amid ambitious delivery goals.

Barclays Predicts 8% YoY Growth in Tesla Q3 2024 Deliveries

Tesla's Q3 deliveries are expected to rise 8% YoY, likely reaching 470,000 units, driven by strong China sales.

Elon Musk Can't Solve Tesla's China Crisis With His Desperate Asia Visit

Elon Musk prioritized China over India, emphasizing the importance of the Chinese market for Tesla's future success.

Tesla Beats Wall Street Expectations Again! Analyst Sees Massive Upside Potential

Wedbush Securities raised Tesla's price target to $300, with a bull case of $400 for 2025, based on positive Q2 2024 delivery results.

Tesla's Sales Of Chinese-Made EV Keep Shrinking

Tesla Giga Shanghai's wholesale vehicle shipments in China decreased year-over-year for the third consecutive month, indicating a challenging market situation.

Tesla China has re-launched this popular promo for the Model 3 and Y

Tesla has extended its zero-interest financing promotion in China to encourage vehicle sales amid ambitious delivery goals.

Barclays Predicts 8% YoY Growth in Tesla Q3 2024 Deliveries

Tesla's Q3 deliveries are expected to rise 8% YoY, likely reaching 470,000 units, driven by strong China sales.

Elon Musk Can't Solve Tesla's China Crisis With His Desperate Asia Visit

Elon Musk prioritized China over India, emphasizing the importance of the Chinese market for Tesla's future success.

Tesla Beats Wall Street Expectations Again! Analyst Sees Massive Upside Potential

Wedbush Securities raised Tesla's price target to $300, with a bull case of $400 for 2025, based on positive Q2 2024 delivery results.

Tesla's Sales Of Chinese-Made EV Keep Shrinking

Tesla Giga Shanghai's wholesale vehicle shipments in China decreased year-over-year for the third consecutive month, indicating a challenging market situation.
moretesla
#automotive-industry

BMW recalls almost 700,000 cars in China on fire safety risk

BMW is recalling nearly 700,000 vehicles in China due to coolant pump defects that could cause serious safety issues.

BMW recalls 1.5 million cars over brake issue DW 09/10/2024

BMW recalls over 1.5 million vehicles due to brake system issues, suspends deliveries, and lowers sales expectations amid weak demand in China.

BMW recalls almost 700,000 cars in China on fire safety risk

BMW is recalling nearly 700,000 vehicles in China due to coolant pump defects that could cause serious safety issues.

BMW recalls 1.5 million cars over brake issue DW 09/10/2024

BMW recalls over 1.5 million vehicles due to brake system issues, suspends deliveries, and lowers sales expectations amid weak demand in China.
moreautomotive-industry

Swiss watch exports plunge as Chinese demand dries up

Swiss watch exports plummeted 12.4% in September, chiefly due to a 50% drop in shipments to China, signaling troubles for the luxury market.

Can China's economic stimulus boost German growth? DW 10/07/2024

The German economy faces prolonged stagnation due to high energy prices, challenging foreign markets, and structural issues, leading to reduced exports and job losses.

VW's Warning To Ford And GM

Volkswagen faces multiple challenges including declining sales in China, rising car prices, and increased labor costs, leading to earnings downgrades.

China is no longer the 'undisputed leader' in attracting foreign investment as European companies look elsewhere

Companies are shifting to defensive investments in China due to increased risks and barriers rather than pursuing new opportunities.
#apple

Without China, the iPhone 16 Can't Be a Success

Apple's iPhone 16 and iOS 18 are critical for sales but must succeed in China amidst strong competition.

Apple loses China price battle, but will win war

Apple's recent sales decline in Greater China is likely a temporary setback rather than an indication of long-term market exit.

Watch: The iPad was the surprising star of Apple's sales numbers

iPad sales showed growth, outshining declining iPhone sales in Apple's recent earnings report.

First-time iPad and Mac buyers help Apple to revenue record

Apple achieved its best-ever revenue in the June quarter, driven by first-time Mac and iPad buyers.

Apple's iPhone sales better than expected as demand picks up ahead of AI launch

Apple reports return to sales growth in Q3 with iPhone revenue exceeding expectations.

iPhone sales in China rise even higher in April

Apple experienced a significant rebound in iPhone shipments in China due to major discounts offered on select models.

Without China, the iPhone 16 Can't Be a Success

Apple's iPhone 16 and iOS 18 are critical for sales but must succeed in China amidst strong competition.

Apple loses China price battle, but will win war

Apple's recent sales decline in Greater China is likely a temporary setback rather than an indication of long-term market exit.

Watch: The iPad was the surprising star of Apple's sales numbers

iPad sales showed growth, outshining declining iPhone sales in Apple's recent earnings report.

First-time iPad and Mac buyers help Apple to revenue record

Apple achieved its best-ever revenue in the June quarter, driven by first-time Mac and iPad buyers.

Apple's iPhone sales better than expected as demand picks up ahead of AI launch

Apple reports return to sales growth in Q3 with iPhone revenue exceeding expectations.

iPhone sales in China rise even higher in April

Apple experienced a significant rebound in iPhone shipments in China due to major discounts offered on select models.
moreapple

China Is Starbucks Biggest Problem

Starbucks can't solely rely on leadership changes to solve its significant challenges in China, including declining sales and intense competition.

Beiersdorf's Axel Adida on Global Commerce Shifts

Global Digital Transformation: Explore shifts in digital media, data-driven marketing, and consumer engagement in global commerce.
China's Influence: Learn about China as a trendsetter in digital commerce and its innovation cycles setting the pace for global trends.

General Motors is cutting staff in China as it eyes a restructuring in the world's largest auto market

GM's market share in China declined due to COVID, increased EV focus, and domestic EV competition, leading to job cuts and a potential restructuring.

Audi's EV logo change sounds a bizarre branding move

Audi plans to remove its iconic logo from new China EV series due to brand image considerations and increased reliance on local suppliers and technologies.

IDC: Huawei dominates the foldable market in China

The foldable market in China grew significantly in Q2, with Huawei leading the market dominated by its Mate X5 and Pocket 2 models.
#ai-chips

Nvidia has a new AI chip. Here's what we know about the 'B20'

Nvidia working on AI chips for China within US export controls

ASML orders up 24%, with China still the biggest market

ASML sees increased orders for chip making machines, particularly in the AI sector, despite overall lower profitability in 2024.

Nvidia has a new AI chip. Here's what we know about the 'B20'

Nvidia working on AI chips for China within US export controls

ASML orders up 24%, with China still the biggest market

ASML sees increased orders for chip making machines, particularly in the AI sector, despite overall lower profitability in 2024.
moreai-chips

Louis Vuitton's Voyager Show Livestream Breaks Xiaohongshu Record

Louis Vuitton ventures into experimental resee livestreaming in China to boost growth, setting a luxury livestreaming record on Xiaohongshu.
#gaming-industry

Blizzard games are returning to China this summer

Blizzard games returning to China after 15-month hiatus
NetEase renews licensing agreement with Blizzard for mainland China

Blizzard PC Titles Will Return To China Under New Deal With NetEase

Blizzard renews partnership with NetEase for China market
Microsoft's involvement as parent company leading to re-established deal

Blizzard games are returning to China this summer

Blizzard games returning to China after 15-month hiatus
NetEase renews licensing agreement with Blizzard for mainland China

Blizzard PC Titles Will Return To China Under New Deal With NetEase

Blizzard renews partnership with NetEase for China market
Microsoft's involvement as parent company leading to re-established deal
moregaming-industry

Top Biglaw Firm Has Already Closed One Of Its China Offices, May Close Another Soon

Biglaw firm Weil Gotshal closed Beijing office and might close Shanghai office.
Weil Gotshal aims to consolidate Asia operations through Hong Kong office.

The AI features on Galaxy S24 phones in China are powered by Baidu, not Google

Samsung is making efforts to regain lost market share in China by focusing on products that fit the Chinese market.
Samsung's new AI features on the Galaxy S24 series in China are powered by Baidu's model called 'Ernie'. The features include translation, summarization, and generation functions.
#tesla-model-3

Tesla Model 3 complaint rate is lowest among China's best-selling sedans in Q1

The Tesla Model 3 in China has the lowest complaint rate among best-selling sedans, showcasing its reliability and quality.

Tesla Model 3 wait times in China get longer

Tesla Model 3 wait times in China are increasing, indicating high demand.

Tesla Model 3 complaint rate is lowest among China's best-selling sedans in Q1

The Tesla Model 3 in China has the lowest complaint rate among best-selling sedans, showcasing its reliability and quality.

Tesla Model 3 wait times in China get longer

Tesla Model 3 wait times in China are increasing, indicating high demand.
moretesla-model-3

Luxury brands are slashing prices in China

Luxury brands in China are resorting to large discounts to revive customer interest, despite potential risks to brand image.

As Apple Hits All-Time High, What Takes It Higher?

Apple stock hits all-time high at $237.23, Loop and Morgan Stanley rate as 'buy' with $300 targets. Earnings report, overcoming China challenges, and iPhone 16 launch crucial for further growth.
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