Market Update | Most Autos stocks rose, NIO increased by over 5%, Li Auto grew by 2%, and Trump plans measures to mitigate the impact of car tariffs.

According to market news, President Trump of the USA will announce measures on Tuesday (April 29) to mitigate the impact of auto tariffs.

Zhitong Finance21:40 ET

Trump to Reduce Impact of Auto Tariffs, US Commerce Secretary Says

The Edge Markets20:17 ET

China Securities Co.,Ltd.: In March, domestic electric vehicle sales increased significantly both year-on-year and month-on-month, raising the annual sales forecast to 16.2 million vehicles.

China Securities Co.,Ltd. released a Research Report stating that in March, the domestic Electric Vehicles sales according to the China Association of Automobile Manufacturers reached 1.237 million units, with a year-on-year/ month-on-month increase of +40.1%/+38.7%; according to the Passenger Vehicle Association, the wholesale of Electric Passenger Vehicles was 1.129 million units, with a year-on-year/ month-on-month increase of +38.6%/+36.1%, a penetration rate of 46.8%, and a month-on-month decrease of -0.1%.

Zhitong Finance19:50 ET

Cui Dongshu: From January to March, China exported 0.123 million Autos to Russia, a year-on-year decrease of 39%.

From January to March 2025, China's exports to Russia were 0.123 million vehicles, down 39%. The sales of domestic brands in Russia reached 0.157 million vehicles, representing 128% of China's exports, finally achieving a slight trend of destocking.

Zhitong FinanceApr 28 07:41 ET

China Q1 Auto Imports See Rare 39% Year-on-year Decline

CnEVPostApr 27 04:05 ET

In the first quarter, China imported less than 0.1 million Autos, a year-on-year decrease of nearly 40%! Imports of Autos from the USA were less than 0.01 million.

① In China, the import of Autos from January to March was 0.095 million units, a year-on-year decrease of 39%, marking a significant decline in this period that is rarely seen. ② The import of vehicles from the USA fell to 8,870 units from January to March; representing a 66% year-on-year decrease, and this decline continued in March.

cls.cnApr 26 23:52 ET