Daily Market Updates: As sales slow, carmakers in China turn to overt marketing tactics and face controversy

Global Markets

Home›Global Markets›North America›As sales slow, carmakers in China turn to overt market…

As sales slow, carmakers in China turn to overt marketing tactics and face controversy

Reported · Written up by our desk · North America

Chinese carmakers’ marketing tactics are under the spotlight after a controversy surrounding a comment by an Xpeng employee drew harsh criticism from middle-aged consumers. The incident comes as regulators step up quality checks on the reliability of automotive companies, according to industry officials and analysts. During a live-streamed new model launch ceremony on October 15, an Xpeng product manager used the term “Lao Deng” – a slang term referring to middle-aged people who appear to be...

← Newer storyNorth Korea’s low-cost drone push exposes South Korea’s red tape trap Older story →Germany Misses Gas Storage Target as Prices Soar

More like this

Global MarketsCorn futures hit four-month low on big US crop, export worries

Global MarketsFake bomb threats on flights and cruise ship cause travel disruption in Europe

Global MarketsSullivan: What the 2026 midterms could mean for energy investors

Global MarketsSugar Slides to Five-Week Low as High Indian Output Jolts Market

Global MarketsMeta seeks to raise up to $25 billion in debt sale as AI spending jumps

Sources

SCMP EconomyAs sales slow, carmakers in China turn to overt marketing tactics and face controversy

Global Markets

As sales slow, carmakers in China turn to overt marketing tactics and face controversy

More like this

Sources

Get the close, explained.