China’s car slowdown: Beijing readies a clampdown on oversupply

For years China’s auto industry has pushed vehicles across the globe, fueling a price war that has put pressure on legacy carmakers. Now Beijing is looking to restore order in a sector that has produced too much, too quickly.

The focus is on narrowing the gap between domestic demand and exports, with tougher rules on production capacity and incentives. For Europe, including Italy, that means dealing with a less aggressive but still highly influential Chinese market, especially in EVs and components.