SHANGHAI BYD, which outsold Tesla in electric car sales globally for the first time in the fourth quarter, will hand out rewards totalling billions of yuan to its Chinese dealers, according to two dealers with knowledge of the matter. The Chinese automaker will pay 666 yuan (S$120) per car to the dealers if they have achieved their sales targets.
China's BYD to give dealers 2 billion yuan for hitting sales target -sources streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
A consensus including Goldman Sachs Group, Morgan Stanley, and UBS Group indicates that China's housing construction is set to decline for the third year in a row.
The slump in China’s housing construction will continue in 2024, dragging down economic growth and suggesting that government efforts to stabilize the sector haven’t been enough to reverse the downturn. That’s the consensus from 10 investment banks and securities brokerages, including Goldman Sachs Group Inc., Morgan Stanley an d UBS…