Automakers

China's soft market turns brutal for domestic brands

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Geely this year launched sales of three new products – the brand’s first multipurpose vehicle, a compact crossover and a compact car under a new EV brand, Geometry, which is pictured. But none of the models has generated meaningful volume. (BLOOMBERG)
August 10, 2019 04:00 AM

SHANGHAI -- Chinese brands continue to lose market share at home, and the biggest domestic automaker -- Geely Automobile Holdings -- is not immune, with sales tumbling more than 20 percent for the fourth straight month in July.

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