Tesla Rivals BYD, Toyota, VW, GM Accused Of Faking Car Sales In China To Hit Targets: Report

Benzinga
2025.07.28 11:47
portai
I'm PortAI, I can summarize articles.

Tesla's rivals, including BYD, Toyota, Volkswagen, and GM, are accused of inflating car sales figures in China to meet targets, according to a Reuters report. A review of consumer complaints indicates this practice has been ongoing, with many complaints filed in 2024 and 2025. Experts warn that such tactics distort inventory assessments and misjudge market demand. The Chinese government has expressed concerns over fierce competition in the auto industry, urging companies to settle supplier dues promptly. Other automakers like Geely, Li Auto, and Nissan are also implicated in the allegations.