{"id":150589,"date":"2026-04-30T00:30:08","date_gmt":"2026-04-30T00:30:08","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=150589"},"modified":"2026-04-30T00:30:08","modified_gmt":"2026-04-30T00:30:08","slug":"geely-joins-chery-byd-in-profit-slide-as-reduced-incentives-decimate-china-car-sales","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=150589","title":{"rendered":"Geely joins Chery, BYD in profit slide as reduced incentives decimate China car sales"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostGeely Automobile Holdings, Chery Automobile and BYD, the most profitable listed Chinese carmakers last year, all reported double-digit declines in net profit in the first quarter, highlighting a squeeze at home amid reduced purchase incentives.<br \/>\nHangzhou-based Geely, the country\u2019s second-largest carmaker behind BYD, said in a filing on Wednesday that its net profit for the January-March period slid 27 per cent year on year to 4.17 billion yuan (US$610 million).<br \/>\nThe profit slump came even as&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-evs\/article\/3351886\/geely-joins-chery-byd-profit-slide-reduced-incentives-decimate-china-car-sales?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostGeely Automobile Holdings, Chery Automobile and BYD, the most profitable listed Chinese carmakers last year, all reported double-digit declines in net profit in the&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/150589"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=150589"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/150589\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=150589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=150589"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=150589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}