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Deepal Auto's Deng Chenghao: China's Domestic Car Market May See a Slight Decline This Year

Wallstreetcn
Apr 24, 2026 at 06:45 AM

On April 24, at the 2026 Beijing International Automotive Exhibition, Deng Chenghao, Chairman of Deepal Auto, announced that the company's full-year sales target is 480,000 units, comprising 340,000 units for the domestic market and 140,000 units for overseas markets. The overseas growth rate has increased significantly compared to last year. Deng also predicted that the domestic car market is unlikely to grow this year and may experience a slight decline. Deepal must accept this reality while continuing to enhance its services and seeking more opportunities through globalization. (Yicai)

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