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US President Trump: Tariffs saved General Motors.
2026-07-28
US President Trump: Tariffs saved General Motors.
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Other News
2026-07-28
1. Volkswagen denies calling on the EU to impose additional tariffs on Chinese hybrid vehicles. 2. MIIT inspects Aion and XPeng; is it related to battery malfunctions? Insider: No direct connection heard; perhaps it's an industry-wide inspection. 3
1. Volkswagen denies calling on the EU to impose additional tariffs on Chinese hybrid vehicles. 2. MIIT inspects Aion and XPeng; is it related to battery malfunctions? Insider: No direct connection heard; perhaps it's an industry-wide inspection. 3. MIIT: Over 20,000 intelligent connected vehicle testing and demonstration licenses issued nationwide. 4. MIIT: Accelerating the drafting and release of the "15th Five-Year Plan" for the development of the intelligent connected new energy vehicle industry. 5. Li Auto product line head: i6 production decreased in mid-to-late July; overall vehicle production has now returned to normal. 6. Porsche will cut 5,000 jobs by 2035 according to an agreement with its German factories. 7. Beijing's passenger car L2-level assisted driving penetration rate reached 77.5% in the first half of the year; L3 mass-produced models were the first to be launched. 8. Germany's plug-in electric vehicle market share reached 37.7% in the second quarter. 9. Stellantis Group announced it has agreed to sell Free2move's car-sharing business to Mustares. 10. According to an organization, the installed capacity of power batteries in the first half of the year was approximately 334.7 GWh, a year-on-year increase of 16%. 11. Mercedes-Benz Group's revenue in the second quarter was €32.1 billion, a year-on-year decrease of 3.31%, with a profit of €1.5 billion.
2026-07-28
On July 27, the DR007 rate closed at 1.4336%, continuing to fluctuate around the policy rate of 1.4%. It further rose to 1.4511% in early trading today, with the central bank injecting a net 52.5 billion yuan into the market. -------- Note: Short-te
On July 27, the DR007 rate closed at 1.4336%, continuing to fluctuate around the policy rate of 1.4%. It further rose to 1.4511% in early trading today, with the central bank injecting a net 52.5 billion yuan into the market. -------- Note: Short-term money market rates such as DR007 reflect the adequacy of market liquidity. Besides loan rates for the real economy, many transactions in financial markets such as the stock and bond markets are essentially leveraged through loans, and the cost of these loans depends on short-term funding rates. DR007 is generally considered the benchmark for short-term interest rates in China. The difference between DR007 and the central bank's 7-day reverse repo rate (policy rate) indicates whether the market is short of funds. If the DR007 rate is significantly higher than the policy rate, it indicates a shortage of funds, and the central bank may intervene to inject liquidity; conversely, if the DR007 rate is lower, it indicates very ample market liquidity.
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