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Macro Finance

Maextro Pledges Brake Redesign After Stock Slides on Test Report

Bloomberg Markets·October 8, 2026·1 min read

Anhui Jianghuai Automobile Group shares fell by the daily limit in Shanghai after a media test showed broken brake-pedal supports on three vehicles from its flagship luxury brand Maextro. The automaker pledged a redesign of the component and offered a free upgrade to owners, aiming to restore confidence in the brand.

Read at Bloomberg Markets
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