Reality check for China’s carmakers as authorities tell them to focus on quality, not tech
China’s shrinking car market has received another reality check as regulators step in to police the hi-tech offerings that carmakers use to drive sales. A nationwide inspection campaign assessing the quality of Chinese-made cars that was announced this week would see some consumers shelve purchase plans, exacerbating a bearish outlook for the country’s auto sector, dealers and analysts said. Vice-Minister of Industry and Information Technology Xin Guobin told a news conference in Beijing on...
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