Group 1 - Beijing Benz Automotive Co., Ltd. is recalling 19,481 units of its EQA and EQB models produced between April 1, 2021, and March 12, 2024, due to battery reliability issues that may increase the risk of fire [2] - The recall is initiated under the supervision of the State Administration for Market Regulation, and affected vehicles will have their high-voltage batteries replaced by authorized dealers [2] - Users are advised to limit the vehicle's charging to 80% and park outdoors until the battery replacement is completed [2] Group 2 - Dongfeng Motor Co., Ltd. is recalling 29,608 units of the new generation X-Trail produced from December 3, 2020, to May 21, 2024, due to potential engine overheating issues under extreme driving conditions [3] - The company will provide free engine software upgrades and inspections, replacing engines if necessary to eliminate safety risks [3] - Dongfeng Commercial Vehicle Co., Ltd. is recalling 312 units of its KC and KL series electric vehicles due to manufacturing defects that may cause coolant leakage and potential vehicle failure [4] Group 3 - Chrysler (China) Automotive Sales Co., Ltd. is recalling 22,003 imported Wrangler vehicles produced between January 22, 2018, and June 30, 2021, due to incorrect software settings in the instrument cluster that may lead to unreasonable emissions [5] - The company will update the instrument cluster software for free to address the emissions risk [6] - Users will be notified via phone and can access further information through various official channels [6]

Group 1: Regulatory Developments - The Ministry of Industry and Information Technology is soliciting public opinions on five mandatory national standards, including "Safety Requirements for Autonomous Driving Systems in Intelligent Connected Vehicles," with a deadline for feedback set for April 13, 2026 [1] Group 2: Automotive Industry Trends - The majority of key automotive companies have reduced their payment terms to within 60 days, with an average payment term of approximately 54 days, which is a reduction of about 10 days compared to the same period last year [2] - In January, the retail sales of passenger cars in China reached 1.544 million units, representing a year-on-year decline of 13.9% [2] - Xiaomi Auto supports the "Automotive Industry Pricing Behavior Compliance Guidelines," aiming to eliminate price fraud and unfair competition [2] - Great Wall Motors expresses full support for the "Automotive Industry Pricing Behavior Compliance Guidelines," emphasizing long-termism and compliance [3] Group 3: Corporate Developments - Guangzhou Automobile Group Technology Co., Ltd. increased its registered capital from approximately 96.99 million RMB to about 120 million RMB, marking an increase of around 25% [4] - BAIC New Energy established Yuanjing Intelligent Technology Co., Ltd. with a registered capital of 5 million RMB, focusing on engineering and technology research, IoT application services, and AI software development [5] - Pony.ai has been included in the MSCI China Index, becoming the first and only autonomous driving company in this index [6] - Geely International Hong Kong Limited purchased nearly 1.45 million shares of Volvo Cars at approximately 23.99 SEK per share, totaling about 5.84 million shares acquired between February 6 and 11 [7] Group 4: Financial Performance - Mercedes-Benz Group reported a revenue of 132.2 billion euros for 2025, a year-on-year decline of 9%, with adjusted EBIT down by 40% to 8.2 billion euros [11] - Nissan Motor Company reported a net loss of 28.3 billion yen for the third quarter, with net sales of 3 trillion yen and an expected annual net loss of 650 billion yen [12] - Nissan plans to set its global production target for 2026 at approximately 3.05 million units, maintaining the same level as the 2025 forecast despite ongoing sales challenges [13]