On Oct. 16, Changan Auto's newly appointed chairman Zhao Fei told reporters
China's domestic car market has weakened and entered a winner-takes-most
shakeout, with some rivals adopting irrational pricing and product strategies
that could skew market rules and sustainability. He said Changan will
concentrate on overseas development and believes the company may be stronger
than some foreign peers in new-energy vehicles and vehicle intelligence,
preserving its competitive edge.