Chery Chairman Calls for Rational Development in the Automotive Industry

At the 2025 China Automotive Forum, Chery Automobile Chairman Yin Tongyue delivered a candid speech addressing the industry's underlying issues. He emphasized that the obsession with sales volume has led to a collective dilemma among Chinese car manufacturers. Despite Chery's impressive sales figures, Yin criticized the conservative mindset in new technology development, stating that it has become a bottleneck for breakthroughs in the industry. He called for a shift from speed to quality and innovation in the assessment of both companies and government. Additionally, he warned against the trend of excessive export ambitions, highlighting the challenges that arise as growth slows down. Yin reiterated the importance of respecting local cultures and fostering sustainable relationships in international markets, advocating for a transformation from opportunism to long-term thinking within the Chinese automotive sector.