Lates News

An article in the Economic Daily stated that as the competition in the automobile market, especially in the new energy vehicle sector, intensifies, some companies are exaggerating and making false claims by inflating pre-sale orders in order to seize a leading position and gain an advantage in the short term. The key to eliminating the exaggeration in order data lies in establishing a more transparent industry oversight mechanism. The involvement of third-party organizations, real-time disclosure of delivery data, and the establishment of a user feedback system will all be effective ways to restore the true market situation. At the same time, regulatory authorities should strengthen the verification of pre-sale data from automotive companies. Malicious fabrication of data that greatly differs from the actual delivery volume, once confirmed, should be heavily penalized to make those responsible for exaggeration and false advertising pay the price.