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Mexico’s global trade sweet spot may turn sour","url":"https://stock-news.laohu8.com/highlight/detail?id=2488621495","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488621495?lang=en_us&edition=fundamental","pubTime":"2024-12-02 18:00","pubTimestamp":1733133600,"startTime":"0","endTime":"0","summary":"BREAKINGVIEWS-Why Mexico’s global trade sweet spot may turn sourThe author is a Reuters Breakingviews columnist.  The opinions expressed are his own.By Liam Proud","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241202:nL5N3MZ0F0:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0511384066.AUD","LU0162691827.USD","BK1539","BK4191","LU2580892789.USD","BK4585","SG9999015952.SGD","BK0072","LU0052750758.USD","VLSW.SI","LU0211977185.USD","WHR","BK4099","LU0143863198.USD","LU0320765489.SGD","BK4555","LU0823426308.USD","LU0708995583.HKD","BK0183","LU2097828557.USD","BK1594","LU0359202008.SGD","LU0307460666.USD","EVS.SI","LU0477156797.USD","01211","LU0348805143.USD","LU1820825898.SGD","LU1808992512.USD","HYDD.SI","SG9999015978.USD","BK4574","LU2153592121.USD","GM","BK0070","SG9999015986.USD","LU0214875030.USD","LU0208291251.USD","SG9999006514.SGD","BYDDY","LU0130102774.USD","LU0130517989.USD","LU1146622755.USD","LU0320764599.SGD","LU2580892862.HKD","LU0070302665.USD","002594","81211","LU2348774022.SGD","LU0211331839.USD","IE00BD6J9T35.USD"],"gpt_icon":1},{"id":"1161203897","title":"Hong Kong Stocks Close Higher, MINISO Surges 18%, BYD Electronic Rises 11%","url":"https://stock-news.laohu8.com/highlight/detail?id=1161203897","media":"Market Watcher","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1161203897?lang=en_us&edition=fundamental","pubTime":"2024-12-02 16:31","pubTimestamp":1733128287,"startTime":"0","endTime":"0","summary":"On December 2, 2024, the Hong Kong stock market closed higher. The Hang Seng Index rose 0.65%, the Hang Seng China Enterprises Index increased by 0.90%, the Hang Seng Tech Index climbed 1.20%, and the","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00175","HSI","03690","01810","00285","HSTECH","DRKW.SI","03896","09896","09633","UMCW.SI","HSCEI","02238","09868","01211"],"gpt_icon":1},{"id":"2488645289","title":"Profitablity of China's Auto Sector May Improve Next Year -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2488645289","media":"Dow Jones","labels":["economic"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488645289?lang=en_us&edition=fundamental","pubTime":"2024-12-02 13:08","pubTimestamp":1733116080,"startTime":"0","endTime":"0","summary":"0508 GMT - China's auto sector profitability remains under pressure in the near term, but there could be some recovery next year, Morningstar analyst Vincent Sun writes in a note. Larger scale of sales and lower battery costs could lead hybrid and electric-vehicles manufacturers' profitability to improve over 2025-2028, Sun says. Vehicle exports have risen 26% so far this year, which could help relieve competition pressure in the domestic market. The government has also implemented strict controls on new capacity approval to curb industry capacity growth, Sun adds. Morningstar expects consolidation to continue and benefit leading auto players. Among the Chinese automakers, Morningstar prefers BYD and Geely for their strong sales momentum and margins. 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Hong Kong Shares Rise 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=2488645906","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488645906?lang=en_us&edition=fundamental","pubTime":"2024-12-02 12:59","pubTimestamp":1733115557,"startTime":"0","endTime":"0","summary":"BYD's  production increased to 540,588 in November from 316,510 in the year-ago period, according to a Monday filing with the Hong Kong Exchange.Sales volume surged to 506,804 during the month from 301,903 in the year-ago period.Shares jumped 3% in Hong Kong during Monday's midday trading.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["002594","01211","VLSW.SI"],"gpt_icon":0},{"id":"1116221271","title":"Tesla, BYD Ramp Up China Incentives in End-of-Year Sales Push","url":"https://stock-news.laohu8.com/highlight/detail?id=1116221271","media":"Bloomberg","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1116221271?lang=en_us&edition=fundamental","pubTime":"2024-12-02 11:15","pubTimestamp":1733109300,"startTime":"0","endTime":"0","summary":"Electric car makers including Tesla Inc. and BYD Co. have unleashed further discounts and incentives in China in a final push to meet annual sales targets.Tesla is offering five-year 0% loans and a 10","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.bloomberg.com/news/articles/2024-12-02/tesla-byd-ramp-up-china-incentives-in-end-of-year-sales-push?srnd=homepage-americas","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"lsy1584095487587","symbols":["09868","TSLA","09866","LI","NIO.SI","01211","02015","ZK","NIO","XPEV"],"gpt_icon":1},{"id":"1145955424","title":"Chinese EV Demand Sets Record; Geely Auto Soars 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1145955424","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1145955424?lang=en_us&edition=fundamental","pubTime":"2024-12-02 10:25","pubTimestamp":1733106340,"startTime":"0","endTime":"0","summary":"Hong Kong-listed shares of Chinese electric vehicle makers gained on Monday.GAC Group rose 21%; Geely Auto rose 5.3%; XPeng rose 4.2%; BYD rose 3%; NIO, Xiaomi rose 2.3%.Monthly electric vehicle deliv","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["XPEV","02333","09863","HSTECH","NIO","UMCW.SI","HSI","02015","09868","09866","LI","01810","01211"],"gpt_icon":1},{"id":"2487583606","title":"Chinese EV maker BYD asks dozens of suppliers for price cuts, Yicai reports","url":"https://stock-news.laohu8.com/highlight/detail?id=2487583606","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2487583606?lang=en_us&edition=fundamental","pubTime":"2024-11-29 14:20","pubTimestamp":1732861217,"startTime":"0","endTime":"0","summary":"BEIJING, Nov 29  - Chinese electric vehicle maker BYD     has requested price cuts from dozens of its suppliers, state-owned news outlet Yicai reported on Friday citing unidentified sources.   The automaker mainly sent requests to suppliers of electric control units and sensors but could send more to some of its over 8,000 suppliers in other categories, Yicai said.   BYD did not immediately respond to Reuters' request for comment. ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["HYDD.SI","BK0070","LU1868837565.USD","LU0823426308.USD","BK0072","BK0264","LU0511384066.AUD","BK1594","LU1969619763.USD","LU1023057109.AUD","LU2360107325.USD","LU0819121731.USD","LU0143863784.USD","LU1820825898.SGD","BK1522","BYDDY","LU1580142542.USD","LU0359201612.USD","LU1861214812.USD","SG9999015945.SGD","SG9999014674.SGD","BK1582","BK0169","LU1868838027.USD","VLSW.SI","BK0014","LU0359202008.SGD","LU0593848301.USD","SG9999015986.USD","LU0307460666.USD","LU1781817850.SGD","BK1539","LU0856984785.SGD","LU0254981946.USD","LU0588546209.SGD","LU2348774022.SGD","EVS.SI","BK0155","LU2476274308.USD","LU0819123356.HKD","BK0188","LU0320764599.SGD","01211","002594","81211","LU0214875030.USD","LU2097828805.USD","LU2778985437.USD","LU0289739343.SGD","SG9999015978.USD","LU0289960550.SGD"],"gpt_icon":1},{"id":"2486436009","title":"Hong Kong Stocks Back into Negative Territory; Jiuyuan Gene Engineering Tanks in Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=2486436009","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486436009?lang=en_us&edition=fundamental","pubTime":"2024-11-28 17:15","pubTimestamp":1732785322,"startTime":"0","endTime":"0","summary":"Hong Kong stocks were back in negative territory on Thursday, erasing most gains from the previous session, as investors struggled to maintain upward momentum amid weak global cues.The Hang Seng Index","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU0011963245.USD","LU1880383366.USD","LU0140636845.USD","03690","LU0856984785.SGD","HK0000306701.USD","LU2097828631.EUR","HSI","HYDD.SI","LU0463099449.HKD","81211","XIACY","LU2125910500.SGD","81810","LU0608807433.USD","DRKW.SI","IE00B543WZ88.USD","LU2097828714.EUR","LU1328615791.USD","LU2778985437.USD","LU0588545730.USD","LU1048596156.SGD","LU0164865239.USD","02566","LU0128522744.USD","VLSW.SI","89988","LU0823413660.USD","002594","BK1522","HK0000320223.HKD","09988","01810","LU1720050803.USD","01211","02833","LU1794554557.SGD","LU1548497426.USD","LU0823426480.USD","HHImain","LU0516422952.EUR","LU0173614495.USD","LU0823041008.USD","LU0384037296.USD","MCHmain","HBBD.SI","BABA","LU0862451753.SGD","BYDDY","LU0577902454.USD","513600","MPNGY"],"gpt_icon":1},{"id":"2486358707","title":"BYD May Break Volkswagen's China Sales Volume Record in 2025 -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2486358707","media":"Dow Jones","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486358707?lang=en_us&edition=fundamental","pubTime":"2024-11-28 11:57","pubTimestamp":1732766220,"startTime":"0","endTime":"0","summary":"0357 GMT - Daiwa expects BYD to sell between 4.4 million and 4.8 million cars in China over 2025-2026, breaking Volkswagen's sales-volume record of 4.2 million set in 2019, Daiwa analyst Kelvin Lau says in a research note. BYD could roll out smart driving functions in its Ocean and Dynasty models from 2025 to enhance its leadership in the mass-market segment in China, he says. For the overseas markets, Lau reckons that BYD could sell as much as 3.4 million units in the long term. Despite its mass-market segment success, BYD is still at an exploration stage of entering the premium segment and has yet to make significant progress, the analyst says. Daiwa maintains a buy rating on BYD's stock and raises its target price to HK$431.00 from HK$376.00. Shares are last at HK$250.20. ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["VLSW.SI","002594","01211"],"gpt_icon":0},{"id":"2486330616","title":"Less Than 1% of BYD Shares Bought for Employee Stock Ownership Plan; Shares Down 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=2486330616","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486330616?lang=en_us&edition=fundamental","pubTime":"2024-11-28 11:27","pubTimestamp":1732764421,"startTime":"0","endTime":"0","summary":"About less than 1% of BYD's  shares were acquired under its employee stock ownership plan, according to a Shenzhen Stock Exchange filing on Wednesday.A total of 664,755 shares, representing 0.0228% of the carmaker's total share capital, were bought at 296.60 yuan per share or for a total of 197.2 million yuan.The employee stock ownership plan will run for 72 months, with the target stocks being unlocked in five phases.The company opened a special securities account for the plan at the China Securities Depository and Clearing's Shenzhen branch.The company's Hong Kong shares dropped over 3% and Shenzhen fell less than 3% in recent trade.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU1580142542.USD","LU2097828631.EUR","BYDDY","SG9999015952.SGD","LU0516422440.USD","LU1146622755.USD","002594","LU0449509016.USD","LU0588546209.SGD","BK0183","BK1539","LU0823426308.USD","HYDD.SI","LU1064131003.USD","LU0143863784.USD","81211","LU0348735423.USD","LU2097828805.USD","LU0823426480.USD","LU2097828474.EUR","LU0289961442.SGD","LU0289739343.SGD","EVS.SI","SG9999014674.SGD","LU0211977185.USD","LU0320764599.SGD","VLSW.SI","SG9999015978.USD","BK1522","BK0264","BK0188","01211","LU0823414478.USD","LU2249611893.SGD","LU0819123356.HKD","LU2348774022.SGD","LU0708995583.HKD","LU2360107325.USD","LU2580892862.HKD","LU0417516738.SGD","LU2778985437.USD","BK1119","LU1820825898.SGD","LU1868837565.USD","LU0052750758.USD","LU0511384066.AUD","SG9999006597.SGD","LU2580892789.USD","LU0359201612.USD","BK1594","LU0819121731.USD"],"gpt_icon":1},{"id":"2486337525","title":"BYD's Car Delivery May Rise 72% in November on Strong Sales Momentum in China -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2486337525","media":"Dow Jones","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486337525?lang=en_us&edition=fundamental","pubTime":"2024-11-28 11:08","pubTimestamp":1732763280,"startTime":"0","endTime":"0","summary":"0308 GMT - BYD is likely to deliver 520,000 units of cars in November, 72% higher compared with a year earlier, Deutsche Bank analyst Bin Wang writes in a note. The Chinese automaker's domestic retail sales totaled 288,000 units in the first three weeks of November, he notes. BYD's new order flow is forecast at around 500,000 units this month, DB says based on dealers' feedback. The brokerage expects China's strong sales momentum to continue. Its rival Tesla will likely see a full-month delivery volume at around 80,000 units, a record monthly high, Wang says. ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["002594","VLSW.SI","TSLA","01211"],"gpt_icon":1},{"id":"2486321193","title":"BUZZ-BYD's Shenzhen stock at 2-month low on report of seeking price cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=2486321193","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486321193?lang=en_us&edition=fundamental","pubTime":"2024-11-28 10:55","pubTimestamp":1732762531,"startTime":"0","endTime":"0","summary":"BUZZ-BYD's Shenzhen stock at 2-month low on report of seeking price cuts** Shenzhen-listed shares of BYD 002594.SZ slip ~2% to 275.77 yuan, lowest since Sept. 27** Chinese automaker is asking suppliers to cut prices, thepaper.cn reports citing a BYD email, in a sign that brutal price war in world's largest auto market is set to escalate** Reuters couldn't verify the email, screenshots of which were widely shared on social media** BYD did not respond to Reuters' request for comment** Co's H-shares 1211.HK slide 2.6% to HK$252.20** Rivals NIO 9866.HK down 2.4%, SAIC Motor 600104.SS eases 2.1%, Leapmotor 9863.HK slips 1.6%, Xiaomi 1810.HK falls 0.4% and Xpeng 9868.HK dips 0.1%** YTD, BYD's Hong Kong stock up 17.7% vs Shenzhen shares' 39.4% gains  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241128:nL2N3MZ01Z:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SG9999015978.USD","LU2148510915.USD","XIACY","LU2348774022.SGD","81211","LU1969619763.USD","09866","01211","LU0039217434.USD","BK1523","LU0164865239.USD","LU2097828805.USD","LU0516422440.USD","VLSW.SI","HYDD.SI","SG9999015952.SGD","600104","LU0449509016.USD","LU1820825898.SGD","BK0012","BK0070","LU0871576103.HKD","81810","LU1303224171.USD","002594","BK0175","BYDDY","BK1575","LU1064131003.USD","LU0417516738.SGD","LU0516423091.SGD","LU0511384066.AUD","LU0211977185.USD","LU0856984785.SGD","LU0254981946.USD","09863","LU1861219969.SGD","LU2476274308.USD","BK1509","EVS.SI","LU2580892862.HKD","LU1328277881.USD","LU2153592121.USD","BK1193","LU0516422952.EUR","LU2039709279.SGD","BK1119","09868","01810","BK1539","BK1589"],"gpt_icon":1},{"id":"2486833672","title":"Market Chatter: BYD, SAIC Motor Ask Suppliers to Cut Prices as China's Price War Escalates","url":"https://stock-news.laohu8.com/highlight/detail?id=2486833672","media":"MT Newswires Live","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486833672?lang=en_us&edition=fundamental","pubTime":"2024-11-28 09:54","pubTimestamp":1732758866,"startTime":"0","endTime":"0","summary":"BYD  and SAIC Motor  have asked suppliers to lower their prices amid the escalating price war in China's vehicle market, Reuters reported Wednesday.BYD had asked an unidentified supplier for a 10% price reduction starting Jan. 1, 2025, while SAIC Motor's Maxus unit asked its suppliers to help it cut costs by 10%, according to the report.Price : $278.50, Change: $-2.5, Percent Change: -0.89%","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU2328871848.SGD","81211","BK0017","BK0070","BK1540","LU2249611893.SGD","LU0143863198.USD","BK1522","LU0588546209.SGD","VLSW.SI","LU1580142542.USD","LU0289961442.SGD","LU1064131003.USD","BK0175","HYDD.SI","LU0417516738.SGD","BK0155","LU0823414478.USD","LU2097828805.USD","LU2153592121.USD","HKD","LU1146622755.USD","LU2778985437.USD","LU0052750758.USD","LU1781817850.SGD","LU2360107325.USD","BK0012","LU2580892862.HKD","SG9999015978.USD","EVS.SI","SG9999006597.SGD","LU0819121731.USD","LU0143863784.USD","SG9999001226.SGD","LU2097828557.USD","600104","BK1539","LU0320764599.SGD","SAIC","BYDDY","BK0014","LU1023057109.AUD","LU1820825898.SGD","BK1582","SG9999015952.SGD","BK4023","SG9999015945.SGD","01211","LU2097828714.EUR","LU2580892789.USD","002594"],"gpt_icon":0},{"id":"2486827707","title":"BYD Shows China's Car Business Isn't Getting Easier for Anyone, Including Tesla -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2486827707","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486827707?lang=en_us&edition=fundamental","pubTime":"2024-11-27 22:38","pubTimestamp":1732718280,"startTime":"0","endTime":"0","summary":"Next year is shaping up to be difficult for car companies.As the U.S. auto industry faces falling demand amid tariff-induced price increases, the Chinese auto industry faces more intense price competition.Chinese electric-vehicle maker BYD recently sent a letter requesting 10% price reductions by its suppliers, according to Bloomberg. BYD didn't immediately respond to a request for comment.That report came just after Tesla announced new discounts on its Model Y in China, spurring \"market concerns over whether the intense price competition would further dent suppliers' margin,\" wrote Citi analyst Jeff Chung on Tuesday.All car companies operating in China have been dealing with falling prices for months. Demand isn't the issue. Chinese consumers are on pace to buy about 23 million new cars in 2024, up 10% year over year. All-electric-car sales are likely to hit 6.3 million, up 27% year over year. Plug-in hybrid sales should be about 4.7 million, up almost 100% year over year.This content","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0516423091.SGD","LU2476274308.USD","LU0052750758.USD","SG9999002463.SGD","SG9999015952.SGD","LU2153592121.USD","LU2148510915.USD","LU1580142542.USD","LU1868837565.USD","LU0856984785.SGD","BK1594","SG9999015986.USD","01211","LU2097828557.USD","81211","LU1064131003.USD","GM","LU2328871848.SGD","LU2249611893.SGD","LU0449509016.USD","002594","LU1820825898.SGD","BK1582","EVS.SI","F","LU0289739343.SGD","LU2580892862.HKD","SG9999014674.SGD","LU0708995583.HKD","HYDD.SI","BK1610","LU2778985437.USD","LU1808992512.USD","LU1146622755.USD","BK0169","LU2097828631.EUR","LU1861214812.USD","LU0307460666.USD","LU2348774022.SGD","LU0516422440.USD","LU1868838027.USD","BK0188","BK0155","BK0196","LU0289961442.SGD","BK1539","LU0819121731.USD"],"gpt_icon":1}],"pageSize":16,"totalPage":20,"pageCount":13,"totalSize":308}]}}