Chinese automakers focus on exports as domestic sales plunge
Chinese OEM earnings decline sharply in Q1 as domestic competition intensifies.
29 May 2026
29 May 2026
Chinese OEM earnings decline sharply in Q1 as domestic competition intensifies.
The Shenzhen-based automaker said the Xuanji A3 is already in mass production and is designed to support L3 and L4 autonomous driving.
The vehicle had first been slated for production later this year, but that target had already been deferred to mid-2027.
Around two-thirds of the affected positions would come from support functions, while the remaining third would be in industrial activities.
Mitsubishi is reviving the venerable nameplate globally with an all new ladder-framed Pajero Cross-Country SUV in Autumn 2026.
Strong domestic output offset by lower overseas volumes.
Conversion of the BYD Dolphin hatchback into an LCV is carried out in the UK.
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