Former East China's largest private luxury car dealer, Bolide, is in decline. (All images in this article were taken by a 21st Century Business Herald reporter.) On January 28, a 21st Century Business Herald reporter visited Hangzhou Xingbaoh

Currently, influenced by market competition in the automotive industry, the role of multinational giants in China is changing. Recently, Volkswagen Group CEO Oliver Blume revealed that Volkswagen has started exporting complete vehicles from China to

January 29 news: Toyota Group officially announced its 2024 global sales data today, reaching 11.32 million units, a year-on-year increase of 4.6%, setting a new historical record! With this figure, Toyota has topped the global automakers' sales rank

January 29th news: Today, the Toyota Group officially announced its 2023 global sales data, reaching 11.23 million units, a year-on-year increase of 7.2%, setting a new historical record! With this figure, Toyota has secured the top spot in globa

On one hand, net profit is halved; on the other hand, the stock price hits a new high. Here's the situation for Tesla in 2025. On January 29th, its Q4 and full-year 2025 financial report revealed that its core automotive business had completely stal

East China PET bottle chip closed at RMB 6385/ton, up RMB 35/ton. Upstream crude oil and raw materials continued to rise, pushing up PET bottle chip prices. Spot prices are slightly higher than February cargoes, with offers at RMB 6350-6450/ton, slig

Since the beginning of 2026, the polycarbonate (PC) industry chain has shown comprehensive strength, ranging from upstream raw materials to core products. According to Longzhong Information, as of January 26, mainstream negotiations for low-end injec

Solvay, the Brussels-based group, has officially inaugurated a new bio-circular silica production unit at its Livorno plant in Italy. This milestone marks a significant step forward in the European industry's transition toward sustainable development

According to data from the European Chemical Industry Council (Cefic), on January 28, 2026, Europe... since 2022. The surge in plant closures, accounting for approximately 9% of Europe's total capacity, coupled with a sharp decline in new investment

In the production of PVC products, formulation engineers often focus on primary stabilizers, lubrication systems, and processing techniques. However, a hidden yet crucial issue is frequently overlooked – composite calcium zinc. Hygroscopicity of va

BeFra, the parent company of Betterware and Jafra, has announced a definitive agreement to acquire Tupperware's operating assets in Latin America, focusing on the region's two major markets: Mexico and Brazil. This transaction also includes a perpet

Tesla did something almost unimaginable in the traditional automotive industry. On January 29, 2026, Tesla CEO Elon Musk announced that capital expenditures in 2026 would be "very large"; the Model S and Model X programs would be terminated. In 2

January 29th news, according to reports, the State Council Information Office held a press conference to introduce the situation and work arrangements for the 2026 Spring Festival travel season. Will the charging facilities at highway service ar

Abstract: North China Recycled Plastic Market Early Morning Prices on January 29th! North China's recycled market is stable with slight increases, with recycled PS in Hebei/Henan up by 300; recycled EPS in Tianjin reported at 4500-5200; recycled PE i

A study conducted by the Swedish Environmental Research Institute IVL, TERRA, and Swedish Plastic Recycling, and published in the International Journal of Life Cycle Assessment, focused on the Swedish context to thoroughly analyze the climate impact

Summary: South China recycled plastic market new prices in the early morning of January 29th! The South China recycled market remains stable across the board. Guangdong recycled EPS is quoted at 4000-5000; Guangdong recycled PE is quoted at 3800-5500

Mitsubishi Chemical Group, Asahi Kasei Corporation, and Mitsui Chemicals, Inc. have announced plans to establish a new joint operating entity to manage two ethylene production facilities in western Japan. As part of a comprehensive operational reform

"High-end tire barrier materials break foreign technological monopoly." On January 27, at the opening ceremony of the Fourth Session of the 14th People's Congress of Shandong Province, Zhou Naixiang, Governor of Shandong Province, mentioned Dawn's la

At the beginning of 2026, the automotive chip shortage seems to be making a comeback. During a live stream in early January, Xiaomi Group Chairman Lei Jun stated frankly that the new Xiaomi SU7 is facing memory cost pressure with quarterly jumps, an

Recently, Car Quality Network learned from relevant channels that spy photos of the new generation BMW M3 gasoline version test car have been exposed. Following the exposure of the new generation all-electric BMW M3, the road test vehicle for the gas