What is Omoda Jaecoo, and how is this new brand different to Chery?
Effectively, it's a sister brand to Chinese brand Chery, and while Omoda Jaecoo vehicles will be sold in separate showrooms, some dealerships will offer both Chery and Omoda Jaecoo franchises.
There's some overlap between the two brands, but Omoda Jaecoo chief commercial officer Roy Muñoz explained the difference.
"I'd call it next step up from Chery," he explained to CarExpert.
Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now.
Within this new brand, there are vehicles badged just as Jaecoos, with Omoda-badged vehicles to follow. Mr Muñoz says these will complement each other.
"Omoda is more the crossover SUV, whereas the Jaecoos are more the rugged, luxurious SUVs," he explained.
"So crossover meaning sometimes with the coupe styling, swooping rear roofline."
Thus far, Omoda Jaecoo offers only the Jaecoo J7 mid-size SUV, a rival for the Toyota RAV4, and the Jaecoo J8 large SUV, a five-seat alternative to the likes of the Kia Sorento.
The J7 lineup opens at $34,990 drive-away, or $5000 more than the current base price of the similarly sized Chery Tiggo 7 Pro.
The Omoda C9, a mid-size SUV, is due on sale here in August, while the Omoda 7 (pictured below) is set to follow at some point.
Officially debuted globally in 2023, Omoda Jaecoo exists only outside of the Chinese market, and is part of a rather confusing export strategy by China's largest car exporter, with 1.14 million overseas sales in 2024.
For example, Chery already sells its Jetour and Exeed vehicles in markets like the Middle East, and is planning to launch Tiggo – a nameplate used on Chery SUVs – as a standalone brand in Europe, along with new brand Lepas revealed at this year's Shanghai motor show.
Chery also sells its vehicles under the Chirey nameplate in Mexico, while its electric vehicle (EV) brand iCar will be sold in some markets as iCaur. And no, we don't know how to pronounce that either.
For now, Chery Australia is sticking to just its namesake and Omoda Jaecoo brands, but it has left the door open for others to follow.
Chery Australia says it isn't expecting any other brands "in the short term", but its local communications boss said more could follow.
"The clear message for us is 'You guys have got a big job on your hands certainly with Chery, certainly with Omoda Jaecoo, you guys do a good job with that, let's see what else potentially could come'." said Chery Australia communications head Tim Krieger.
"But everyone's 100 per cent focused on those two brands at the moment, making the best of those opportunities."
Chery only returned to Australia in 2023, before it announced the Jaecoo half of Omoda Jaecoo in 2024, and then announced the Omoda half this year. That's a very ambitious rollout, and we asked Mr Muñoz how much of this is being driven by head office.
"Omoda Jaecoo is a global brand strategy. Certainly they listen to our feedback; we feed back as much as we can about how we think we should launch a brand or how we think a product should be introduced, but there is a bit of a global strategy that we need to execute," he said.
Omoda Jaecoo vehicles are sold under different brands in China, where the Jaecoo J7 is a Chery Tansuo 06 (pictured above), the Jaecoo J8 a Chery Tiggo 9 (pictured below, and not to be confused with the slightly different global Chery Tiggo 9 due here this year), and the Omoda C9 is an Exeed Yaoguang.
"What happens in the domestic market is different to what happens in the overseas markets," explained Mr Muñoz.
So how does Omoda Jaecoo differ from Chery, then, given half its vehicles are sold as Cherys in China? And how does it stand out when the automaker's namesake brand sells vehicles here in the same segments?
"Jaecoo is still focused on that premium adventure-type offering, so creature comforts you wouldn't normally see at this price point, luxury touch and feel. You've got your leather seats, suede roof liner, massaging seats, calf raises," he said.
"Each brand has its own unique styling and speaks to a different part of the market."
Omoda Jaecoo vehicles also feature a longer eight-year, unlimited-kilometre warranty, up from seven years for Chery vehicles.
But in a market where even brands such as Jeep have called themselves premium, Omoda Jaecoo is reluctant to use the term.
"I wouldn't say it's the premium arm, but certainly it's the next level up from Chery. In my own terms, it's almost in that sub-premium category but you get the premium feel, features that you don't get at the price point," said Mr Muñoz.
"That premium word, it's been thrown around, a bit of a buzz word, but it's definitely the next level up in terms of the product offering from the Chery Group."
The upcoming Chery Tiggo 9 (above), for example, wears slightly different styling to the closely related Jaecoo J8, and will miss out on some features like the latter's fragrance dispenser.
Chery believes there's enough differentiation to prevent cannibalisation between the two brands.
"There's not much crossover at the moment. People who are after Omoda Jaecoo are just after Omoda Jaecoo," said Mr Muñoz.
"I don't believe we're diluting. In fact, we're adding more options out there that people can choose from, from different price points, at different specification levels."
"Different buyers as well. Chery is very focused on the family, urban buyer. Jaecoo is a bit more of that adventurous spirit," said Mr Krieger.
"The design of the cars is different, the target audience is different, but I think there's room for both."
Chery says it's "falling into line" with a global strategy, though there are some quirks.
The Chery Omoda 5 and Omoda E5 were recently renamed the Chery C5 (pictured above) and E5 in Australia, even though these are sold under the Jaecoo Omoda arm in other markets.
"The difference is that car was introduced into Australia under the Chery brand, whereas in other markets where it was sold it was always sold as an Omoda Jaecoo," said Mr Krieger.
In an attempt to alleviate confusion, these vehicles are being kept in Chery showrooms but being stripped of their Omoda badging.
MORE: All the new SUVs coming to Australia from Chery and Omoda Jaecoo in 2025
Content originally sourced from: CarExpert.com.au
You may have noticed Omoda Jaecoo showrooms are starting to pop up around the country, but just what is this unfamiliar auto brand?
Effectively, it's a sister brand to Chinese brand Chery, and while Omoda Jaecoo vehicles will be sold in separate showrooms, some dealerships will offer both Chery and Omoda Jaecoo franchises.
There's some overlap between the two brands, but Omoda Jaecoo chief commercial officer Roy Muñoz explained the difference.
"I'd call it next step up from Chery," he explained to CarExpert.
Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now.
Within this new brand, there are vehicles badged just as Jaecoos, with Omoda-badged vehicles to follow. Mr Muñoz says these will complement each other.
"Omoda is more the crossover SUV, whereas the Jaecoos are more the rugged, luxurious SUVs," he explained.
"So crossover meaning sometimes with the coupe styling, swooping rear roofline."
Thus far, Omoda Jaecoo offers only the Jaecoo J7 mid-size SUV, a rival for the Toyota RAV4, and the Jaecoo J8 large SUV, a five-seat alternative to the likes of the Kia Sorento.
The J7 lineup opens at $34,990 drive-away, or $5000 more than the current base price of the similarly sized Chery Tiggo 7 Pro.
The Omoda C9, a mid-size SUV, is due on sale here in August, while the Omoda 7 (pictured below) is set to follow at some point.
Officially debuted globally in 2023, Omoda Jaecoo exists only outside of the Chinese market, and is part of a rather confusing export strategy by China's largest car exporter, with 1.14 million overseas sales in 2024.
For example, Chery already sells its Jetour and Exeed vehicles in markets like the Middle East, and is planning to launch Tiggo – a nameplate used on Chery SUVs – as a standalone brand in Europe, along with new brand Lepas revealed at this year's Shanghai motor show.
Chery also sells its vehicles under the Chirey nameplate in Mexico, while its electric vehicle (EV) brand iCar will be sold in some markets as iCaur. And no, we don't know how to pronounce that either.
For now, Chery Australia is sticking to just its namesake and Omoda Jaecoo brands, but it has left the door open for others to follow.
Chery Australia says it isn't expecting any other brands "in the short term", but its local communications boss said more could follow.
"The clear message for us is 'You guys have got a big job on your hands certainly with Chery, certainly with Omoda Jaecoo, you guys do a good job with that, let's see what else potentially could come'." said Chery Australia communications head Tim Krieger.
"But everyone's 100 per cent focused on those two brands at the moment, making the best of those opportunities."
Chery only returned to Australia in 2023, before it announced the Jaecoo half of Omoda Jaecoo in 2024, and then announced the Omoda half this year. That's a very ambitious rollout, and we asked Mr Muñoz how much of this is being driven by head office.
"Omoda Jaecoo is a global brand strategy. Certainly they listen to our feedback; we feed back as much as we can about how we think we should launch a brand or how we think a product should be introduced, but there is a bit of a global strategy that we need to execute," he said.
Omoda Jaecoo vehicles are sold under different brands in China, where the Jaecoo J7 is a Chery Tansuo 06 (pictured above), the Jaecoo J8 a Chery Tiggo 9 (pictured below, and not to be confused with the slightly different global Chery Tiggo 9 due here this year), and the Omoda C9 is an Exeed Yaoguang.
"What happens in the domestic market is different to what happens in the overseas markets," explained Mr Muñoz.
So how does Omoda Jaecoo differ from Chery, then, given half its vehicles are sold as Cherys in China? And how does it stand out when the automaker's namesake brand sells vehicles here in the same segments?
"Jaecoo is still focused on that premium adventure-type offering, so creature comforts you wouldn't normally see at this price point, luxury touch and feel. You've got your leather seats, suede roof liner, massaging seats, calf raises," he said.
"Each brand has its own unique styling and speaks to a different part of the market."
Omoda Jaecoo vehicles also feature a longer eight-year, unlimited-kilometre warranty, up from seven years for Chery vehicles.
But in a market where even brands such as Jeep have called themselves premium, Omoda Jaecoo is reluctant to use the term.
"I wouldn't say it's the premium arm, but certainly it's the next level up from Chery. In my own terms, it's almost in that sub-premium category but you get the premium feel, features that you don't get at the price point," said Mr Muñoz.
"That premium word, it's been thrown around, a bit of a buzz word, but it's definitely the next level up in terms of the product offering from the Chery Group."
The upcoming Chery Tiggo 9 (above), for example, wears slightly different styling to the closely related Jaecoo J8, and will miss out on some features like the latter's fragrance dispenser.
Chery believes there's enough differentiation to prevent cannibalisation between the two brands.
"There's not much crossover at the moment. People who are after Omoda Jaecoo are just after Omoda Jaecoo," said Mr Muñoz.
"I don't believe we're diluting. In fact, we're adding more options out there that people can choose from, from different price points, at different specification levels."
"Different buyers as well. Chery is very focused on the family, urban buyer. Jaecoo is a bit more of that adventurous spirit," said Mr Krieger.
"The design of the cars is different, the target audience is different, but I think there's room for both."
Chery says it's "falling into line" with a global strategy, though there are some quirks.
The Chery Omoda 5 and Omoda E5 were recently renamed the Chery C5 (pictured above) and E5 in Australia, even though these are sold under the Jaecoo Omoda arm in other markets.
"The difference is that car was introduced into Australia under the Chery brand, whereas in other markets where it was sold it was always sold as an Omoda Jaecoo," said Mr Krieger.
In an attempt to alleviate confusion, these vehicles are being kept in Chery showrooms but being stripped of their Omoda badging.
MORE: All the new SUVs coming to Australia from Chery and Omoda Jaecoo in 2025
Content originally sourced from: CarExpert.com.au
You may have noticed Omoda Jaecoo showrooms are starting to pop up around the country, but just what is this unfamiliar auto brand?
Effectively, it's a sister brand to Chinese brand Chery, and while Omoda Jaecoo vehicles will be sold in separate showrooms, some dealerships will offer both Chery and Omoda Jaecoo franchises.
There's some overlap between the two brands, but Omoda Jaecoo chief commercial officer Roy Muñoz explained the difference.
"I'd call it next step up from Chery," he explained to CarExpert.
Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now.
Within this new brand, there are vehicles badged just as Jaecoos, with Omoda-badged vehicles to follow. Mr Muñoz says these will complement each other.
"Omoda is more the crossover SUV, whereas the Jaecoos are more the rugged, luxurious SUVs," he explained.
"So crossover meaning sometimes with the coupe styling, swooping rear roofline."
Thus far, Omoda Jaecoo offers only the Jaecoo J7 mid-size SUV, a rival for the Toyota RAV4, and the Jaecoo J8 large SUV, a five-seat alternative to the likes of the Kia Sorento.
The J7 lineup opens at $34,990 drive-away, or $5000 more than the current base price of the similarly sized Chery Tiggo 7 Pro.
The Omoda C9, a mid-size SUV, is due on sale here in August, while the Omoda 7 (pictured below) is set to follow at some point.
Officially debuted globally in 2023, Omoda Jaecoo exists only outside of the Chinese market, and is part of a rather confusing export strategy by China's largest car exporter, with 1.14 million overseas sales in 2024.
For example, Chery already sells its Jetour and Exeed vehicles in markets like the Middle East, and is planning to launch Tiggo – a nameplate used on Chery SUVs – as a standalone brand in Europe, along with new brand Lepas revealed at this year's Shanghai motor show.
Chery also sells its vehicles under the Chirey nameplate in Mexico, while its electric vehicle (EV) brand iCar will be sold in some markets as iCaur. And no, we don't know how to pronounce that either.
For now, Chery Australia is sticking to just its namesake and Omoda Jaecoo brands, but it has left the door open for others to follow.
Chery Australia says it isn't expecting any other brands "in the short term", but its local communications boss said more could follow.
"The clear message for us is 'You guys have got a big job on your hands certainly with Chery, certainly with Omoda Jaecoo, you guys do a good job with that, let's see what else potentially could come'." said Chery Australia communications head Tim Krieger.
"But everyone's 100 per cent focused on those two brands at the moment, making the best of those opportunities."
Chery only returned to Australia in 2023, before it announced the Jaecoo half of Omoda Jaecoo in 2024, and then announced the Omoda half this year. That's a very ambitious rollout, and we asked Mr Muñoz how much of this is being driven by head office.
"Omoda Jaecoo is a global brand strategy. Certainly they listen to our feedback; we feed back as much as we can about how we think we should launch a brand or how we think a product should be introduced, but there is a bit of a global strategy that we need to execute," he said.
Omoda Jaecoo vehicles are sold under different brands in China, where the Jaecoo J7 is a Chery Tansuo 06 (pictured above), the Jaecoo J8 a Chery Tiggo 9 (pictured below, and not to be confused with the slightly different global Chery Tiggo 9 due here this year), and the Omoda C9 is an Exeed Yaoguang.
"What happens in the domestic market is different to what happens in the overseas markets," explained Mr Muñoz.
So how does Omoda Jaecoo differ from Chery, then, given half its vehicles are sold as Cherys in China? And how does it stand out when the automaker's namesake brand sells vehicles here in the same segments?
"Jaecoo is still focused on that premium adventure-type offering, so creature comforts you wouldn't normally see at this price point, luxury touch and feel. You've got your leather seats, suede roof liner, massaging seats, calf raises," he said.
"Each brand has its own unique styling and speaks to a different part of the market."
Omoda Jaecoo vehicles also feature a longer eight-year, unlimited-kilometre warranty, up from seven years for Chery vehicles.
But in a market where even brands such as Jeep have called themselves premium, Omoda Jaecoo is reluctant to use the term.
"I wouldn't say it's the premium arm, but certainly it's the next level up from Chery. In my own terms, it's almost in that sub-premium category but you get the premium feel, features that you don't get at the price point," said Mr Muñoz.
"That premium word, it's been thrown around, a bit of a buzz word, but it's definitely the next level up in terms of the product offering from the Chery Group."
The upcoming Chery Tiggo 9 (above), for example, wears slightly different styling to the closely related Jaecoo J8, and will miss out on some features like the latter's fragrance dispenser.
Chery believes there's enough differentiation to prevent cannibalisation between the two brands.
"There's not much crossover at the moment. People who are after Omoda Jaecoo are just after Omoda Jaecoo," said Mr Muñoz.
"I don't believe we're diluting. In fact, we're adding more options out there that people can choose from, from different price points, at different specification levels."
"Different buyers as well. Chery is very focused on the family, urban buyer. Jaecoo is a bit more of that adventurous spirit," said Mr Krieger.
"The design of the cars is different, the target audience is different, but I think there's room for both."
Chery says it's "falling into line" with a global strategy, though there are some quirks.
The Chery Omoda 5 and Omoda E5 were recently renamed the Chery C5 (pictured above) and E5 in Australia, even though these are sold under the Jaecoo Omoda arm in other markets.
"The difference is that car was introduced into Australia under the Chery brand, whereas in other markets where it was sold it was always sold as an Omoda Jaecoo," said Mr Krieger.
In an attempt to alleviate confusion, these vehicles are being kept in Chery showrooms but being stripped of their Omoda badging.
MORE: All the new SUVs coming to Australia from Chery and Omoda Jaecoo in 2025
Content originally sourced from: CarExpert.com.au
You may have noticed Omoda Jaecoo showrooms are starting to pop up around the country, but just what is this unfamiliar auto brand?
Effectively, it's a sister brand to Chinese brand Chery, and while Omoda Jaecoo vehicles will be sold in separate showrooms, some dealerships will offer both Chery and Omoda Jaecoo franchises.
There's some overlap between the two brands, but Omoda Jaecoo chief commercial officer Roy Muñoz explained the difference.
"I'd call it next step up from Chery," he explained to CarExpert.
Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now.
Within this new brand, there are vehicles badged just as Jaecoos, with Omoda-badged vehicles to follow. Mr Muñoz says these will complement each other.
"Omoda is more the crossover SUV, whereas the Jaecoos are more the rugged, luxurious SUVs," he explained.
"So crossover meaning sometimes with the coupe styling, swooping rear roofline."
Thus far, Omoda Jaecoo offers only the Jaecoo J7 mid-size SUV, a rival for the Toyota RAV4, and the Jaecoo J8 large SUV, a five-seat alternative to the likes of the Kia Sorento.
The J7 lineup opens at $34,990 drive-away, or $5000 more than the current base price of the similarly sized Chery Tiggo 7 Pro.
The Omoda C9, a mid-size SUV, is due on sale here in August, while the Omoda 7 (pictured below) is set to follow at some point.
Officially debuted globally in 2023, Omoda Jaecoo exists only outside of the Chinese market, and is part of a rather confusing export strategy by China's largest car exporter, with 1.14 million overseas sales in 2024.
For example, Chery already sells its Jetour and Exeed vehicles in markets like the Middle East, and is planning to launch Tiggo – a nameplate used on Chery SUVs – as a standalone brand in Europe, along with new brand Lepas revealed at this year's Shanghai motor show.
Chery also sells its vehicles under the Chirey nameplate in Mexico, while its electric vehicle (EV) brand iCar will be sold in some markets as iCaur. And no, we don't know how to pronounce that either.
For now, Chery Australia is sticking to just its namesake and Omoda Jaecoo brands, but it has left the door open for others to follow.
Chery Australia says it isn't expecting any other brands "in the short term", but its local communications boss said more could follow.
"The clear message for us is 'You guys have got a big job on your hands certainly with Chery, certainly with Omoda Jaecoo, you guys do a good job with that, let's see what else potentially could come'." said Chery Australia communications head Tim Krieger.
"But everyone's 100 per cent focused on those two brands at the moment, making the best of those opportunities."
Chery only returned to Australia in 2023, before it announced the Jaecoo half of Omoda Jaecoo in 2024, and then announced the Omoda half this year. That's a very ambitious rollout, and we asked Mr Muñoz how much of this is being driven by head office.
"Omoda Jaecoo is a global brand strategy. Certainly they listen to our feedback; we feed back as much as we can about how we think we should launch a brand or how we think a product should be introduced, but there is a bit of a global strategy that we need to execute," he said.
Omoda Jaecoo vehicles are sold under different brands in China, where the Jaecoo J7 is a Chery Tansuo 06 (pictured above), the Jaecoo J8 a Chery Tiggo 9 (pictured below, and not to be confused with the slightly different global Chery Tiggo 9 due here this year), and the Omoda C9 is an Exeed Yaoguang.
"What happens in the domestic market is different to what happens in the overseas markets," explained Mr Muñoz.
So how does Omoda Jaecoo differ from Chery, then, given half its vehicles are sold as Cherys in China? And how does it stand out when the automaker's namesake brand sells vehicles here in the same segments?
"Jaecoo is still focused on that premium adventure-type offering, so creature comforts you wouldn't normally see at this price point, luxury touch and feel. You've got your leather seats, suede roof liner, massaging seats, calf raises," he said.
"Each brand has its own unique styling and speaks to a different part of the market."
Omoda Jaecoo vehicles also feature a longer eight-year, unlimited-kilometre warranty, up from seven years for Chery vehicles.
But in a market where even brands such as Jeep have called themselves premium, Omoda Jaecoo is reluctant to use the term.
"I wouldn't say it's the premium arm, but certainly it's the next level up from Chery. In my own terms, it's almost in that sub-premium category but you get the premium feel, features that you don't get at the price point," said Mr Muñoz.
"That premium word, it's been thrown around, a bit of a buzz word, but it's definitely the next level up in terms of the product offering from the Chery Group."
The upcoming Chery Tiggo 9 (above), for example, wears slightly different styling to the closely related Jaecoo J8, and will miss out on some features like the latter's fragrance dispenser.
Chery believes there's enough differentiation to prevent cannibalisation between the two brands.
"There's not much crossover at the moment. People who are after Omoda Jaecoo are just after Omoda Jaecoo," said Mr Muñoz.
"I don't believe we're diluting. In fact, we're adding more options out there that people can choose from, from different price points, at different specification levels."
"Different buyers as well. Chery is very focused on the family, urban buyer. Jaecoo is a bit more of that adventurous spirit," said Mr Krieger.
"The design of the cars is different, the target audience is different, but I think there's room for both."
Chery says it's "falling into line" with a global strategy, though there are some quirks.
The Chery Omoda 5 and Omoda E5 were recently renamed the Chery C5 (pictured above) and E5 in Australia, even though these are sold under the Jaecoo Omoda arm in other markets.
"The difference is that car was introduced into Australia under the Chery brand, whereas in other markets where it was sold it was always sold as an Omoda Jaecoo," said Mr Krieger.
In an attempt to alleviate confusion, these vehicles are being kept in Chery showrooms but being stripped of their Omoda badging.
MORE: All the new SUVs coming to Australia from Chery and Omoda Jaecoo in 2025
Content originally sourced from: CarExpert.com.au
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2025 Mahindra XUV 3X0 vs Chery Tiggo 4: Spec battle
The race for Australia's cheapest SUV recently got a new entrant with the arrival of the Mahindra XUV 3X0. The Indian automaker has temporarily overtaken Chinese rival Chery and its popular Tiggo 4 at the head of the small SUV pack with its first city-sized soft-roader. Both compact SUVs offer exceptional value for money, generous levels of standard equipment and the latest in advanced safety systems, and both have affordable long-term ownership credentials. So, let's dig a little deeper to see how they stack up against each other. The Mahindra XUV 3X0 launched in Australia last month with a special introductory price that expires on August 31, 2025. It is available in two model grades, the AX5L and AX7L, which currently cost $23,490 and $26,490 drive-away. But both will increase by $500 from September 1. When that happens, the Mahindra will line-up exactly on price with the updated Chery Tiggo 4, which arrived in Australian showrooms earlier this year. It is also offered in two variants, Urban and Ultimate, which sell for $23,990 and $26,990 respectively, also including all on-road statutory costs. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. Considering their price, the entry-level variants of both the Chery Tiggo 4 and Mahindra XUV3X0 come with a decent level of standard equipment. ABOVE: Mahindra XUV 3X0 (left), Chery Tiggo 4 (right) The extensive list of standard features in both models includes: The Mahindra also comes with a standard glass sunroof and a cooled glovebox. For the top-spec variants, both get leather trim and larger alloy wheels (from 16- to 17-inch with the Mahindra and from 17- to 18-inch with the Chery), but there are a host more unique differences. The Mahindra XUV 300 AX7L picks up a larger 'Sky Roof', a premium Harman Kardon sound system with amplifier and sub-woofer, and the option of a two-tone paint scheme with a black roof for certain exterior colours. Meanwhile, the Chery Tiggo 4 Ultimate has power adjustment and heating for the front seats, colour interior ambient lighting, a wireless phone charger and a sunroof. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. Both the Chery Tiggo 4 and Mahindra XUV 3X0 are equipped with a comprehensive array of advanced driver aids and safety features in all model variants. Standard safety equipment across both models includes: The Chery does go a little further with seven airbags, including a centre airbag between the front-seat occupants, as well as driver fatigue monitoring, rear cross traffic alert and collision avoidance, and door-opening warning. But the Mahindra has a 360-degree parking display in both variants, whereas this is only available in the top-spec Tiggo 4 Ultimate. The Tiggo 4 was given a maximum five-star ANCAP rating in 2024, while the XUV 300 has yet to be tested by the independent safety authority. Mahindra does, however, claim the vehicle has been designed to perform at the highest level in real-world scenarios, and the XUV 300 did receive a five-star rating last year from the India's ANCAP equivalent, Bharat NCAP. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. For small SUVs, both the Mahindra XUV 3X0 and Chery Tiggo 4 are surprisingly spacious and well suited to small families thanks to excellent interior ride on a wheelbase with roughly the same space between the front and rear axles, but the Chery is longer in overall length and fractionally wider and taller. But not by enough that makes a significant difference inside the cabin, as both offer room for five with decent headroom and more legroom in the second row than you'd imagine. Both cars have 60:40-split folding rear seats, three top-tether and two ISOFIX child seat anchors, and a space-saver spare tyre under the floor of the boot, which are also surprisingly generous and offer enough cargo capacity to cater for weekly family duties and longer holiday road trips. As for the overall aesthetic, the Tiggo 4 is a little more modern with its asymmetric dash top that highlights the floating twin-screen configuration with a separate touchscreen for the climate control system on the curving centre stack. ABOVE: Mahindra XUV 3X0 (left), Chery Tiggo 4 (right) The Mahindra is more conservative with a digital instrument cluster under its own cowl while the tablet-style infotainment screen juts out at the top of the centre of the dashboard with a row of physical buttons, and a traditional volume knob for the audio within easy reach. It also has rotary dials for the climate control and a convenient bin at the base of the console for small items or mobile devices, with a pair of cupholders behind the upright gear lever. Both the Mahindra and Chery offer decent small-item storage spaces throughout the cabin, with deep door pockets, covered bins in the centre console and flip-down arm rests in the centre of the back seat. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. Considering the size and focus on value for money here, both the Mahindra XUV 3X0 and Chery Tiggo 4 have relatively simple powertrains with no variations between Mahindra is powered by a 1.2-litre turbocharged three-cylinder petrol engine that produces 82kW of power and 200Nm of torque, driving the front wheels through a conventional six-speed automatic transmission. The Chery has an extra cylinder and a larger-capacity 1.5-litre turbo-petrol engine that, naturally, delivers higher outputs of 108kW and 210Nm. It too drives the front wheels, but via a continuously variable automatic transmission (CVT). Both engines are optimised to run on the most affordable standard unleaded petrol, and the Mahindra is more efficient with a claimed average of 6.5L/100km compared to the Chery's 7.4L/100km , neither of which is particularly exceptional for small cars like these. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. There's not much separating these two when it comes to ownership credentials either, as both are covered by seven-year warranties with free roadside assistance and capped-price servicing packages. However, the Mahindra's coverage is limited to the first 150,000km and its capped-price service offer extends to only six years, whereas the Chery has unlimited mileage coverage and service prices set for the duration of the warranty. In terms of maintenance costs, both are reasonably affordable, with the Chery's yearly average slightly lower than the Mahindra ($310 versus $332), and both require servicing every 12 months or 15,000km, whichever comes first. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. The reality is there's not much to separate these two and pick a definitive winner. Both provide Australians affordable access to a new car with the latest safety tech and digital conveniences, and both come equipped with a decent array of standard equipment. Plus, they're relatively cheap to own and have excellent aftersales provisions that provide plenty of peace of mind. If anything, small families and first-time car buyers are the real winners with either choice here. Interested in buying a Mahindra XUV 3X0? Let CarExpert find you the best deal hereInterested in buying a Chery Tiggo 4? Let CarExpert find you the best deal hereMORE: Explore the Mahindra XUV3X0 showroomMORE: Explore the Chery Tiggo 4 showroom Content originally sourced from: The race for Australia's cheapest SUV recently got a new entrant with the arrival of the Mahindra XUV 3X0. The Indian automaker has temporarily overtaken Chinese rival Chery and its popular Tiggo 4 at the head of the small SUV pack with its first city-sized soft-roader. Both compact SUVs offer exceptional value for money, generous levels of standard equipment and the latest in advanced safety systems, and both have affordable long-term ownership credentials. So, let's dig a little deeper to see how they stack up against each other. The Mahindra XUV 3X0 launched in Australia last month with a special introductory price that expires on August 31, 2025. It is available in two model grades, the AX5L and AX7L, which currently cost $23,490 and $26,490 drive-away. But both will increase by $500 from September 1. When that happens, the Mahindra will line-up exactly on price with the updated Chery Tiggo 4, which arrived in Australian showrooms earlier this year. It is also offered in two variants, Urban and Ultimate, which sell for $23,990 and $26,990 respectively, also including all on-road statutory costs. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. Considering their price, the entry-level variants of both the Chery Tiggo 4 and Mahindra XUV3X0 come with a decent level of standard equipment. ABOVE: Mahindra XUV 3X0 (left), Chery Tiggo 4 (right) The extensive list of standard features in both models includes: The Mahindra also comes with a standard glass sunroof and a cooled glovebox. For the top-spec variants, both get leather trim and larger alloy wheels (from 16- to 17-inch with the Mahindra and from 17- to 18-inch with the Chery), but there are a host more unique differences. The Mahindra XUV 300 AX7L picks up a larger 'Sky Roof', a premium Harman Kardon sound system with amplifier and sub-woofer, and the option of a two-tone paint scheme with a black roof for certain exterior colours. Meanwhile, the Chery Tiggo 4 Ultimate has power adjustment and heating for the front seats, colour interior ambient lighting, a wireless phone charger and a sunroof. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. Both the Chery Tiggo 4 and Mahindra XUV 3X0 are equipped with a comprehensive array of advanced driver aids and safety features in all model variants. Standard safety equipment across both models includes: The Chery does go a little further with seven airbags, including a centre airbag between the front-seat occupants, as well as driver fatigue monitoring, rear cross traffic alert and collision avoidance, and door-opening warning. But the Mahindra has a 360-degree parking display in both variants, whereas this is only available in the top-spec Tiggo 4 Ultimate. The Tiggo 4 was given a maximum five-star ANCAP rating in 2024, while the XUV 300 has yet to be tested by the independent safety authority. Mahindra does, however, claim the vehicle has been designed to perform at the highest level in real-world scenarios, and the XUV 300 did receive a five-star rating last year from the India's ANCAP equivalent, Bharat NCAP. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. For small SUVs, both the Mahindra XUV 3X0 and Chery Tiggo 4 are surprisingly spacious and well suited to small families thanks to excellent interior ride on a wheelbase with roughly the same space between the front and rear axles, but the Chery is longer in overall length and fractionally wider and taller. But not by enough that makes a significant difference inside the cabin, as both offer room for five with decent headroom and more legroom in the second row than you'd imagine. Both cars have 60:40-split folding rear seats, three top-tether and two ISOFIX child seat anchors, and a space-saver spare tyre under the floor of the boot, which are also surprisingly generous and offer enough cargo capacity to cater for weekly family duties and longer holiday road trips. As for the overall aesthetic, the Tiggo 4 is a little more modern with its asymmetric dash top that highlights the floating twin-screen configuration with a separate touchscreen for the climate control system on the curving centre stack. ABOVE: Mahindra XUV 3X0 (left), Chery Tiggo 4 (right) The Mahindra is more conservative with a digital instrument cluster under its own cowl while the tablet-style infotainment screen juts out at the top of the centre of the dashboard with a row of physical buttons, and a traditional volume knob for the audio within easy reach. It also has rotary dials for the climate control and a convenient bin at the base of the console for small items or mobile devices, with a pair of cupholders behind the upright gear lever. Both the Mahindra and Chery offer decent small-item storage spaces throughout the cabin, with deep door pockets, covered bins in the centre console and flip-down arm rests in the centre of the back seat. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. Considering the size and focus on value for money here, both the Mahindra XUV 3X0 and Chery Tiggo 4 have relatively simple powertrains with no variations between Mahindra is powered by a 1.2-litre turbocharged three-cylinder petrol engine that produces 82kW of power and 200Nm of torque, driving the front wheels through a conventional six-speed automatic transmission. The Chery has an extra cylinder and a larger-capacity 1.5-litre turbo-petrol engine that, naturally, delivers higher outputs of 108kW and 210Nm. It too drives the front wheels, but via a continuously variable automatic transmission (CVT). Both engines are optimised to run on the most affordable standard unleaded petrol, and the Mahindra is more efficient with a claimed average of 6.5L/100km compared to the Chery's 7.4L/100km , neither of which is particularly exceptional for small cars like these. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. There's not much separating these two when it comes to ownership credentials either, as both are covered by seven-year warranties with free roadside assistance and capped-price servicing packages. However, the Mahindra's coverage is limited to the first 150,000km and its capped-price service offer extends to only six years, whereas the Chery has unlimited mileage coverage and service prices set for the duration of the warranty. In terms of maintenance costs, both are reasonably affordable, with the Chery's yearly average slightly lower than the Mahindra ($310 versus $332), and both require servicing every 12 months or 15,000km, whichever comes first. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. The reality is there's not much to separate these two and pick a definitive winner. Both provide Australians affordable access to a new car with the latest safety tech and digital conveniences, and both come equipped with a decent array of standard equipment. Plus, they're relatively cheap to own and have excellent aftersales provisions that provide plenty of peace of mind. If anything, small families and first-time car buyers are the real winners with either choice here. Interested in buying a Mahindra XUV 3X0? Let CarExpert find you the best deal hereInterested in buying a Chery Tiggo 4? Let CarExpert find you the best deal hereMORE: Explore the Mahindra XUV3X0 showroomMORE: Explore the Chery Tiggo 4 showroom Content originally sourced from: The race for Australia's cheapest SUV recently got a new entrant with the arrival of the Mahindra XUV 3X0. The Indian automaker has temporarily overtaken Chinese rival Chery and its popular Tiggo 4 at the head of the small SUV pack with its first city-sized soft-roader. Both compact SUVs offer exceptional value for money, generous levels of standard equipment and the latest in advanced safety systems, and both have affordable long-term ownership credentials. So, let's dig a little deeper to see how they stack up against each other. The Mahindra XUV 3X0 launched in Australia last month with a special introductory price that expires on August 31, 2025. It is available in two model grades, the AX5L and AX7L, which currently cost $23,490 and $26,490 drive-away. But both will increase by $500 from September 1. When that happens, the Mahindra will line-up exactly on price with the updated Chery Tiggo 4, which arrived in Australian showrooms earlier this year. It is also offered in two variants, Urban and Ultimate, which sell for $23,990 and $26,990 respectively, also including all on-road statutory costs. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. Considering their price, the entry-level variants of both the Chery Tiggo 4 and Mahindra XUV3X0 come with a decent level of standard equipment. ABOVE: Mahindra XUV 3X0 (left), Chery Tiggo 4 (right) The extensive list of standard features in both models includes: The Mahindra also comes with a standard glass sunroof and a cooled glovebox. For the top-spec variants, both get leather trim and larger alloy wheels (from 16- to 17-inch with the Mahindra and from 17- to 18-inch with the Chery), but there are a host more unique differences. The Mahindra XUV 300 AX7L picks up a larger 'Sky Roof', a premium Harman Kardon sound system with amplifier and sub-woofer, and the option of a two-tone paint scheme with a black roof for certain exterior colours. Meanwhile, the Chery Tiggo 4 Ultimate has power adjustment and heating for the front seats, colour interior ambient lighting, a wireless phone charger and a sunroof. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. Both the Chery Tiggo 4 and Mahindra XUV 3X0 are equipped with a comprehensive array of advanced driver aids and safety features in all model variants. Standard safety equipment across both models includes: The Chery does go a little further with seven airbags, including a centre airbag between the front-seat occupants, as well as driver fatigue monitoring, rear cross traffic alert and collision avoidance, and door-opening warning. But the Mahindra has a 360-degree parking display in both variants, whereas this is only available in the top-spec Tiggo 4 Ultimate. The Tiggo 4 was given a maximum five-star ANCAP rating in 2024, while the XUV 300 has yet to be tested by the independent safety authority. Mahindra does, however, claim the vehicle has been designed to perform at the highest level in real-world scenarios, and the XUV 300 did receive a five-star rating last year from the India's ANCAP equivalent, Bharat NCAP. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. For small SUVs, both the Mahindra XUV 3X0 and Chery Tiggo 4 are surprisingly spacious and well suited to small families thanks to excellent interior ride on a wheelbase with roughly the same space between the front and rear axles, but the Chery is longer in overall length and fractionally wider and taller. But not by enough that makes a significant difference inside the cabin, as both offer room for five with decent headroom and more legroom in the second row than you'd imagine. Both cars have 60:40-split folding rear seats, three top-tether and two ISOFIX child seat anchors, and a space-saver spare tyre under the floor of the boot, which are also surprisingly generous and offer enough cargo capacity to cater for weekly family duties and longer holiday road trips. As for the overall aesthetic, the Tiggo 4 is a little more modern with its asymmetric dash top that highlights the floating twin-screen configuration with a separate touchscreen for the climate control system on the curving centre stack. ABOVE: Mahindra XUV 3X0 (left), Chery Tiggo 4 (right) The Mahindra is more conservative with a digital instrument cluster under its own cowl while the tablet-style infotainment screen juts out at the top of the centre of the dashboard with a row of physical buttons, and a traditional volume knob for the audio within easy reach. It also has rotary dials for the climate control and a convenient bin at the base of the console for small items or mobile devices, with a pair of cupholders behind the upright gear lever. Both the Mahindra and Chery offer decent small-item storage spaces throughout the cabin, with deep door pockets, covered bins in the centre console and flip-down arm rests in the centre of the back seat. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. Considering the size and focus on value for money here, both the Mahindra XUV 3X0 and Chery Tiggo 4 have relatively simple powertrains with no variations between Mahindra is powered by a 1.2-litre turbocharged three-cylinder petrol engine that produces 82kW of power and 200Nm of torque, driving the front wheels through a conventional six-speed automatic transmission. The Chery has an extra cylinder and a larger-capacity 1.5-litre turbo-petrol engine that, naturally, delivers higher outputs of 108kW and 210Nm. It too drives the front wheels, but via a continuously variable automatic transmission (CVT). Both engines are optimised to run on the most affordable standard unleaded petrol, and the Mahindra is more efficient with a claimed average of 6.5L/100km compared to the Chery's 7.4L/100km , neither of which is particularly exceptional for small cars like these. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. There's not much separating these two when it comes to ownership credentials either, as both are covered by seven-year warranties with free roadside assistance and capped-price servicing packages. However, the Mahindra's coverage is limited to the first 150,000km and its capped-price service offer extends to only six years, whereas the Chery has unlimited mileage coverage and service prices set for the duration of the warranty. In terms of maintenance costs, both are reasonably affordable, with the Chery's yearly average slightly lower than the Mahindra ($310 versus $332), and both require servicing every 12 months or 15,000km, whichever comes first. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. The reality is there's not much to separate these two and pick a definitive winner. Both provide Australians affordable access to a new car with the latest safety tech and digital conveniences, and both come equipped with a decent array of standard equipment. Plus, they're relatively cheap to own and have excellent aftersales provisions that provide plenty of peace of mind. If anything, small families and first-time car buyers are the real winners with either choice here. Interested in buying a Mahindra XUV 3X0? Let CarExpert find you the best deal hereInterested in buying a Chery Tiggo 4? Let CarExpert find you the best deal hereMORE: Explore the Mahindra XUV3X0 showroomMORE: Explore the Chery Tiggo 4 showroom Content originally sourced from: The race for Australia's cheapest SUV recently got a new entrant with the arrival of the Mahindra XUV 3X0. The Indian automaker has temporarily overtaken Chinese rival Chery and its popular Tiggo 4 at the head of the small SUV pack with its first city-sized soft-roader. Both compact SUVs offer exceptional value for money, generous levels of standard equipment and the latest in advanced safety systems, and both have affordable long-term ownership credentials. So, let's dig a little deeper to see how they stack up against each other. The Mahindra XUV 3X0 launched in Australia last month with a special introductory price that expires on August 31, 2025. It is available in two model grades, the AX5L and AX7L, which currently cost $23,490 and $26,490 drive-away. But both will increase by $500 from September 1. When that happens, the Mahindra will line-up exactly on price with the updated Chery Tiggo 4, which arrived in Australian showrooms earlier this year. It is also offered in two variants, Urban and Ultimate, which sell for $23,990 and $26,990 respectively, also including all on-road statutory costs. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. Considering their price, the entry-level variants of both the Chery Tiggo 4 and Mahindra XUV3X0 come with a decent level of standard equipment. ABOVE: Mahindra XUV 3X0 (left), Chery Tiggo 4 (right) The extensive list of standard features in both models includes: The Mahindra also comes with a standard glass sunroof and a cooled glovebox. For the top-spec variants, both get leather trim and larger alloy wheels (from 16- to 17-inch with the Mahindra and from 17- to 18-inch with the Chery), but there are a host more unique differences. The Mahindra XUV 300 AX7L picks up a larger 'Sky Roof', a premium Harman Kardon sound system with amplifier and sub-woofer, and the option of a two-tone paint scheme with a black roof for certain exterior colours. Meanwhile, the Chery Tiggo 4 Ultimate has power adjustment and heating for the front seats, colour interior ambient lighting, a wireless phone charger and a sunroof. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. Both the Chery Tiggo 4 and Mahindra XUV 3X0 are equipped with a comprehensive array of advanced driver aids and safety features in all model variants. Standard safety equipment across both models includes: The Chery does go a little further with seven airbags, including a centre airbag between the front-seat occupants, as well as driver fatigue monitoring, rear cross traffic alert and collision avoidance, and door-opening warning. But the Mahindra has a 360-degree parking display in both variants, whereas this is only available in the top-spec Tiggo 4 Ultimate. The Tiggo 4 was given a maximum five-star ANCAP rating in 2024, while the XUV 300 has yet to be tested by the independent safety authority. Mahindra does, however, claim the vehicle has been designed to perform at the highest level in real-world scenarios, and the XUV 300 did receive a five-star rating last year from the India's ANCAP equivalent, Bharat NCAP. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. For small SUVs, both the Mahindra XUV 3X0 and Chery Tiggo 4 are surprisingly spacious and well suited to small families thanks to excellent interior ride on a wheelbase with roughly the same space between the front and rear axles, but the Chery is longer in overall length and fractionally wider and taller. But not by enough that makes a significant difference inside the cabin, as both offer room for five with decent headroom and more legroom in the second row than you'd imagine. Both cars have 60:40-split folding rear seats, three top-tether and two ISOFIX child seat anchors, and a space-saver spare tyre under the floor of the boot, which are also surprisingly generous and offer enough cargo capacity to cater for weekly family duties and longer holiday road trips. As for the overall aesthetic, the Tiggo 4 is a little more modern with its asymmetric dash top that highlights the floating twin-screen configuration with a separate touchscreen for the climate control system on the curving centre stack. ABOVE: Mahindra XUV 3X0 (left), Chery Tiggo 4 (right) The Mahindra is more conservative with a digital instrument cluster under its own cowl while the tablet-style infotainment screen juts out at the top of the centre of the dashboard with a row of physical buttons, and a traditional volume knob for the audio within easy reach. It also has rotary dials for the climate control and a convenient bin at the base of the console for small items or mobile devices, with a pair of cupholders behind the upright gear lever. Both the Mahindra and Chery offer decent small-item storage spaces throughout the cabin, with deep door pockets, covered bins in the centre console and flip-down arm rests in the centre of the back seat. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. Considering the size and focus on value for money here, both the Mahindra XUV 3X0 and Chery Tiggo 4 have relatively simple powertrains with no variations between Mahindra is powered by a 1.2-litre turbocharged three-cylinder petrol engine that produces 82kW of power and 200Nm of torque, driving the front wheels through a conventional six-speed automatic transmission. The Chery has an extra cylinder and a larger-capacity 1.5-litre turbo-petrol engine that, naturally, delivers higher outputs of 108kW and 210Nm. It too drives the front wheels, but via a continuously variable automatic transmission (CVT). Both engines are optimised to run on the most affordable standard unleaded petrol, and the Mahindra is more efficient with a claimed average of 6.5L/100km compared to the Chery's 7.4L/100km , neither of which is particularly exceptional for small cars like these. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. There's not much separating these two when it comes to ownership credentials either, as both are covered by seven-year warranties with free roadside assistance and capped-price servicing packages. However, the Mahindra's coverage is limited to the first 150,000km and its capped-price service offer extends to only six years, whereas the Chery has unlimited mileage coverage and service prices set for the duration of the warranty. In terms of maintenance costs, both are reasonably affordable, with the Chery's yearly average slightly lower than the Mahindra ($310 versus $332), and both require servicing every 12 months or 15,000km, whichever comes first. CarExpert can save you thousands on a new Mahindra XUV 3X0. Click here to get a great can save you thousands on a new Chery Tiggo 4. Click here to get a great deal. The reality is there's not much to separate these two and pick a definitive winner. Both provide Australians affordable access to a new car with the latest safety tech and digital conveniences, and both come equipped with a decent array of standard equipment. Plus, they're relatively cheap to own and have excellent aftersales provisions that provide plenty of peace of mind. If anything, small families and first-time car buyers are the real winners with either choice here. Interested in buying a Mahindra XUV 3X0? Let CarExpert find you the best deal hereInterested in buying a Chery Tiggo 4? Let CarExpert find you the best deal hereMORE: Explore the Mahindra XUV3X0 showroomMORE: Explore the Chery Tiggo 4 showroom Content originally sourced from:
The Advertiser
13 hours ago
- The Advertiser
Asian stocks drop as investors brace for crucial week
Asian stocks retreated on Friday and the US dollar headed for its biggest weekly drop in a month ahead of a crucial week for markets that includes Donald Trump's tariff deadline and key central bank meetings. MSCI's global equity index retreated from an all-time high and was 0.2 per cent lower in early European trading while Japan's Nikkei index ended the day 0.7 per cent lower after two days of gains. Data released on Friday showed the inflation rate in Tokyo rose 2.9 per cent year-on-year in July, down from 3.1 per cent in June. Japanese government efforts to moderate inflation are working, though underlying Tokyo price pressures remain elevated, ING Economics said in a commentary. It expects the Bank of Japan to hold interest rates steady at its July 30-31 meeting, but said the central bank would likely raise its forecast for inflation. In the Chinese markets, Hong Kong's Hang Seng shed 1.1 per cent to 25,383.07 and the Shanghai Composite index slid 0.3 per cent to 3,593.38. Europe's STOXX 600 share index also fell 0.5 per cent in early trade. Ahead of the August 1 deadline for US trade deals with Europe and China, stock markets have been buoyed up by firm US economic data and framed the risk of tariffs hitting growth as a reason to expect Federal Reserve rate cuts. "Higher (US) inflation will, in time, result in weaker demand and weaker investment," UBS Wealth Management economist Dean Turner said. Van Luu, head of solutions strategy, fixed income and foreign exchange at Russell Investments, said he was waiting for a buying opportunity in US Treasuries for this reason. "US data looks astonishingly resilient," he said, but this likely reflected a spending rush before tariffs pushed business input costs and retail sticker prices higher. The past week saw US trade agreements with Japan, Indonesia and the Philippines, while deal talks continued with South Korea. Next week brings the next Fed interest rate meeting, the closely watched monthly payrolls report, and earnings from Amazon, Apple, Meta and Microsoft. Trump has kept up pressure on Fed Chair Jerome Powell to cut rates after a rare presidential visit to the central bank on Thursday, although he said he did not intend to fire Powell, as he has frequently suggested he would. US 10-year Treasury yields were steady at 4.41 per cent while two-year yields, which track monetary policy bets, were also flat at 3.923 per cent. Robust earnings from Google parent Alphabet took Wall Street's Nasdaq to a record high on Thursday but futures trading signalled the tech-heavy index would flatline at the start of cash trading in New York. Contracts tracking the blue-chip S&P 500 index were also flat in early European dealings. The Bank of Japan has its own policy announcement on Thursday, and Prime Minister Ishiba's Liberal Democratic Party holds a meeting on the same day. That's after the European Central Bank held rates steady on Thursday, pausing its easing campaign as it waited to assess the impact from US tariffs. The euro was steady against the dollar on Friday at $US1.1745 , although German government debt sold off, with the yield on benchmark 10-year Bunds up five basis points (bps) in early dealings to 2.74 per cent, the highest since March 28 . Japanese government bond yields were steady on Friday at about 1.6 per cent, a level last seen in October 2008, having ratcheted higher on concerns the political scale is tilting more towards fiscal stimulus. This came after big gains for opposition parties backing consumption tax cuts in Sunday's upper house election. Pressure is building on the more fiscally hawkish Ishiba to quit after his coalition lost its majority in the vote, having done the same in lower house elections last October. Gold eased 0.3 per cent to around $US3,356 an ounce. Brent crude futures gained 0.7 per cent to $US69.65 a barrel. with AP Asian stocks retreated on Friday and the US dollar headed for its biggest weekly drop in a month ahead of a crucial week for markets that includes Donald Trump's tariff deadline and key central bank meetings. MSCI's global equity index retreated from an all-time high and was 0.2 per cent lower in early European trading while Japan's Nikkei index ended the day 0.7 per cent lower after two days of gains. Data released on Friday showed the inflation rate in Tokyo rose 2.9 per cent year-on-year in July, down from 3.1 per cent in June. Japanese government efforts to moderate inflation are working, though underlying Tokyo price pressures remain elevated, ING Economics said in a commentary. It expects the Bank of Japan to hold interest rates steady at its July 30-31 meeting, but said the central bank would likely raise its forecast for inflation. In the Chinese markets, Hong Kong's Hang Seng shed 1.1 per cent to 25,383.07 and the Shanghai Composite index slid 0.3 per cent to 3,593.38. Europe's STOXX 600 share index also fell 0.5 per cent in early trade. Ahead of the August 1 deadline for US trade deals with Europe and China, stock markets have been buoyed up by firm US economic data and framed the risk of tariffs hitting growth as a reason to expect Federal Reserve rate cuts. "Higher (US) inflation will, in time, result in weaker demand and weaker investment," UBS Wealth Management economist Dean Turner said. Van Luu, head of solutions strategy, fixed income and foreign exchange at Russell Investments, said he was waiting for a buying opportunity in US Treasuries for this reason. "US data looks astonishingly resilient," he said, but this likely reflected a spending rush before tariffs pushed business input costs and retail sticker prices higher. The past week saw US trade agreements with Japan, Indonesia and the Philippines, while deal talks continued with South Korea. Next week brings the next Fed interest rate meeting, the closely watched monthly payrolls report, and earnings from Amazon, Apple, Meta and Microsoft. Trump has kept up pressure on Fed Chair Jerome Powell to cut rates after a rare presidential visit to the central bank on Thursday, although he said he did not intend to fire Powell, as he has frequently suggested he would. US 10-year Treasury yields were steady at 4.41 per cent while two-year yields, which track monetary policy bets, were also flat at 3.923 per cent. Robust earnings from Google parent Alphabet took Wall Street's Nasdaq to a record high on Thursday but futures trading signalled the tech-heavy index would flatline at the start of cash trading in New York. Contracts tracking the blue-chip S&P 500 index were also flat in early European dealings. The Bank of Japan has its own policy announcement on Thursday, and Prime Minister Ishiba's Liberal Democratic Party holds a meeting on the same day. That's after the European Central Bank held rates steady on Thursday, pausing its easing campaign as it waited to assess the impact from US tariffs. The euro was steady against the dollar on Friday at $US1.1745 , although German government debt sold off, with the yield on benchmark 10-year Bunds up five basis points (bps) in early dealings to 2.74 per cent, the highest since March 28 . Japanese government bond yields were steady on Friday at about 1.6 per cent, a level last seen in October 2008, having ratcheted higher on concerns the political scale is tilting more towards fiscal stimulus. This came after big gains for opposition parties backing consumption tax cuts in Sunday's upper house election. Pressure is building on the more fiscally hawkish Ishiba to quit after his coalition lost its majority in the vote, having done the same in lower house elections last October. Gold eased 0.3 per cent to around $US3,356 an ounce. Brent crude futures gained 0.7 per cent to $US69.65 a barrel. with AP Asian stocks retreated on Friday and the US dollar headed for its biggest weekly drop in a month ahead of a crucial week for markets that includes Donald Trump's tariff deadline and key central bank meetings. MSCI's global equity index retreated from an all-time high and was 0.2 per cent lower in early European trading while Japan's Nikkei index ended the day 0.7 per cent lower after two days of gains. Data released on Friday showed the inflation rate in Tokyo rose 2.9 per cent year-on-year in July, down from 3.1 per cent in June. Japanese government efforts to moderate inflation are working, though underlying Tokyo price pressures remain elevated, ING Economics said in a commentary. It expects the Bank of Japan to hold interest rates steady at its July 30-31 meeting, but said the central bank would likely raise its forecast for inflation. In the Chinese markets, Hong Kong's Hang Seng shed 1.1 per cent to 25,383.07 and the Shanghai Composite index slid 0.3 per cent to 3,593.38. Europe's STOXX 600 share index also fell 0.5 per cent in early trade. Ahead of the August 1 deadline for US trade deals with Europe and China, stock markets have been buoyed up by firm US economic data and framed the risk of tariffs hitting growth as a reason to expect Federal Reserve rate cuts. "Higher (US) inflation will, in time, result in weaker demand and weaker investment," UBS Wealth Management economist Dean Turner said. Van Luu, head of solutions strategy, fixed income and foreign exchange at Russell Investments, said he was waiting for a buying opportunity in US Treasuries for this reason. "US data looks astonishingly resilient," he said, but this likely reflected a spending rush before tariffs pushed business input costs and retail sticker prices higher. The past week saw US trade agreements with Japan, Indonesia and the Philippines, while deal talks continued with South Korea. Next week brings the next Fed interest rate meeting, the closely watched monthly payrolls report, and earnings from Amazon, Apple, Meta and Microsoft. Trump has kept up pressure on Fed Chair Jerome Powell to cut rates after a rare presidential visit to the central bank on Thursday, although he said he did not intend to fire Powell, as he has frequently suggested he would. US 10-year Treasury yields were steady at 4.41 per cent while two-year yields, which track monetary policy bets, were also flat at 3.923 per cent. Robust earnings from Google parent Alphabet took Wall Street's Nasdaq to a record high on Thursday but futures trading signalled the tech-heavy index would flatline at the start of cash trading in New York. Contracts tracking the blue-chip S&P 500 index were also flat in early European dealings. The Bank of Japan has its own policy announcement on Thursday, and Prime Minister Ishiba's Liberal Democratic Party holds a meeting on the same day. That's after the European Central Bank held rates steady on Thursday, pausing its easing campaign as it waited to assess the impact from US tariffs. The euro was steady against the dollar on Friday at $US1.1745 , although German government debt sold off, with the yield on benchmark 10-year Bunds up five basis points (bps) in early dealings to 2.74 per cent, the highest since March 28 . Japanese government bond yields were steady on Friday at about 1.6 per cent, a level last seen in October 2008, having ratcheted higher on concerns the political scale is tilting more towards fiscal stimulus. This came after big gains for opposition parties backing consumption tax cuts in Sunday's upper house election. Pressure is building on the more fiscally hawkish Ishiba to quit after his coalition lost its majority in the vote, having done the same in lower house elections last October. Gold eased 0.3 per cent to around $US3,356 an ounce. Brent crude futures gained 0.7 per cent to $US69.65 a barrel. with AP Asian stocks retreated on Friday and the US dollar headed for its biggest weekly drop in a month ahead of a crucial week for markets that includes Donald Trump's tariff deadline and key central bank meetings. MSCI's global equity index retreated from an all-time high and was 0.2 per cent lower in early European trading while Japan's Nikkei index ended the day 0.7 per cent lower after two days of gains. Data released on Friday showed the inflation rate in Tokyo rose 2.9 per cent year-on-year in July, down from 3.1 per cent in June. Japanese government efforts to moderate inflation are working, though underlying Tokyo price pressures remain elevated, ING Economics said in a commentary. It expects the Bank of Japan to hold interest rates steady at its July 30-31 meeting, but said the central bank would likely raise its forecast for inflation. In the Chinese markets, Hong Kong's Hang Seng shed 1.1 per cent to 25,383.07 and the Shanghai Composite index slid 0.3 per cent to 3,593.38. Europe's STOXX 600 share index also fell 0.5 per cent in early trade. Ahead of the August 1 deadline for US trade deals with Europe and China, stock markets have been buoyed up by firm US economic data and framed the risk of tariffs hitting growth as a reason to expect Federal Reserve rate cuts. "Higher (US) inflation will, in time, result in weaker demand and weaker investment," UBS Wealth Management economist Dean Turner said. Van Luu, head of solutions strategy, fixed income and foreign exchange at Russell Investments, said he was waiting for a buying opportunity in US Treasuries for this reason. "US data looks astonishingly resilient," he said, but this likely reflected a spending rush before tariffs pushed business input costs and retail sticker prices higher. The past week saw US trade agreements with Japan, Indonesia and the Philippines, while deal talks continued with South Korea. Next week brings the next Fed interest rate meeting, the closely watched monthly payrolls report, and earnings from Amazon, Apple, Meta and Microsoft. Trump has kept up pressure on Fed Chair Jerome Powell to cut rates after a rare presidential visit to the central bank on Thursday, although he said he did not intend to fire Powell, as he has frequently suggested he would. US 10-year Treasury yields were steady at 4.41 per cent while two-year yields, which track monetary policy bets, were also flat at 3.923 per cent. Robust earnings from Google parent Alphabet took Wall Street's Nasdaq to a record high on Thursday but futures trading signalled the tech-heavy index would flatline at the start of cash trading in New York. Contracts tracking the blue-chip S&P 500 index were also flat in early European dealings. The Bank of Japan has its own policy announcement on Thursday, and Prime Minister Ishiba's Liberal Democratic Party holds a meeting on the same day. That's after the European Central Bank held rates steady on Thursday, pausing its easing campaign as it waited to assess the impact from US tariffs. The euro was steady against the dollar on Friday at $US1.1745 , although German government debt sold off, with the yield on benchmark 10-year Bunds up five basis points (bps) in early dealings to 2.74 per cent, the highest since March 28 . Japanese government bond yields were steady on Friday at about 1.6 per cent, a level last seen in October 2008, having ratcheted higher on concerns the political scale is tilting more towards fiscal stimulus. This came after big gains for opposition parties backing consumption tax cuts in Sunday's upper house election. Pressure is building on the more fiscally hawkish Ishiba to quit after his coalition lost its majority in the vote, having done the same in lower house elections last October. Gold eased 0.3 per cent to around $US3,356 an ounce. Brent crude futures gained 0.7 per cent to $US69.65 a barrel. with AP
West Australian
16 hours ago
- West Australian
WA lithium miners recover $6 billion of value as prices spike on Chinese regulatory probe
WA's beaten-down lithium stocks have recovered more than $6 billion in value as the battery metal's price spike raises hopes that a lingering global glut weighing on the sector could finally be diminishing. Mineral Resources and PLS shares have regained more than 50 per cent over the past four weeks, and Liontown Resources and IGO nearly 40 per cent, since speculation of production cutbacks in China lifted lithium prices off last month's lows. Futures covering the lithium-rich spodumene produced by the quartet have bounced as much as 29 per cent to $US790 ($1200) a tonne, still well short of the $US1100/t it was fetching 13 months ago but a considerable improvement on its bottom of $US605/t in the first week of June. Battery-grade lithium carbonate has added more than 10 per cent. 'Lithium prices have rallied strongly from June lows, with the market showing signs of supply response amid regulatory tightening, plus strong demand' for Chinese electric vehicles, Morgan Stanley analysts said. The price surge has blindsided analysts, demonstrated by Goldman Sachs' sell recommendation on Liontown on July 16 when the stock closed at 83¢. The owner of the new Kathleen Valley lithium mine has since hit a high of $1.03, closing on Friday 2¢ off at 94¢. Likewise, Mineral Resources was trading at $30.90 when Morgans advised clients on Tuesday to reduce their holdings. The shares finished at $32.29 on Friday to be up 60 per cent over the past month. The spodumene price jump is attributed to a regulatory crackdown on non-compliant miners in China that began with local authorities in the western province of Quinghai ordering mid-tier lithium producer Zangge Mining to immediately suspend production on suspicion it was breaching its mining licence. The probe has since extended to other miners that may have been exploiting lithium as a byproduct without the proper approvals. The focus has now reportedly switched to Yichun where miners of lepidolite, a crystal known for high lithium content, have been ordered to re-submit mining documents, raising the prospect of production cutbacks. UBS said 'most of the lepidolite mines are registered under ceramic clay instead of lithium', meaning most would need to reapply for permits to avoid closure. 'The lithium market should re-balance if lepidolite mine closures happen, supporting lithium and spodumene back towards an upward trajectory,' UBS said. Citi said investors were showing more interest in lithium in recent months, but noted the rally in lithium futures is likely 'sentiment-driven' on expectations of supply cuts in China or elsewhere. It cited investor questions on a recent Asian tour around 'the likelihood of supply curtailments from WA'. Citi said the latter was 'unlikely'. PLS shares closed one per cent better at $1.92 on Friday to be up 54 per cent over the past four weeks. IGO, which fell 2¢ to $5.34, has added 35 per cent over the same period.
