BUSINESS● LOW1h ago · Nov 3, 2026, 12:00 AM
As sales slow, carmakers in China turn to overt marketing tactics and face controversy
South China Morning Post · east asia
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...
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS35m agoApple anticipates December quarter revenue growth of 7%-10% amid supply constraints and higher memory costsSeeking Alpha TechBUSINESS37m agoOil prices plunge by most since July on renewed hopes for diplomacy in U.S.-Iran warSeeking Alpha Tech