# automotive
Latest news and articles about automotive
Total: 4 articles found
Mercedes‑Benz China Shuffles Senior Team as Sales Chief Steps Down, Smart Brand Marketing Gets a New Lead
Mercedes‑Benz China has announced a managed leadership reshuffle: Duan Jianjun will step down as president and CEO of the Beijing sales company and remain as an advisor until 30 April, Li Desi will take over on 1 March, Zhang Mingxia will move from smart’s global marketing role back into sales on 1 April, and Kang Yi will become smart’s global CMO. The moves prioritise continuity and closer alignment between sales, marketing and finance as Mercedes navigates intense competition and rapid change in China’s automotive market.
China Boots Up Spring Festival Trade‑In Subsidies to Prime Consumer Demand
China’s Ministry of Commerce has ordered robust implementation of trade‑in subsidies for appliances, electronics and automobiles during the nine‑day 2026 Spring Festival holiday, prioritising offline channels and rural participation. The policy is a targeted consumption stimulus designed to boost holiday spending, support physical retailers and protect subsidy integrity through upgraded information systems and anti‑fraud measures.
German Firms Shift Investment Toward China as U.S. Policy Volatility Raises Doubts
German companies are redirecting investment toward China as U.S. policy volatility undercuts confidence in the American market. Surveys and official data show rising German FDI into China, while investment into the U.S. has fallen sharply, prompting Berlin to pursue high‑level talks with Beijing to secure better market terms.
Infineon hikes prices on select chips from April 1 — a fresh squeeze on auto and electronics supply chains
Infineon has announced a price increase for some of its semiconductor products effective April 1. The move is likely to raise costs for automotive and electronics manufacturers, prompting sourcing and inventory adjustments and adding impetus to domestic chip localisation efforts in China.