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In May, every 10th new car sold in Europe was Chinese
Chinese car brands have captured over 11% of the European new car market for the first time, driven by hybrid and plug-in hybrid models offering superior value. Analysts note that Chinese automakers adapted quickly to European demand for hybrids, providing more features for less money, a stark contrast to a struggling domestic market.
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scmp.com
Chinese car sales accelerate in Europe as Brussels weighs putting on the brakes
Citi analysts say 5 largest Chinese-owned groups – SAIC, BYD, Geely, Chery and Leapmotor – have 10.6 per cent share of wider European market.
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iol.co.za
One in five new vehicles now Chinese as sales surge by 75% year-on-year
Chinese brands are rapidly gaining ground in South Africa’s new vehicle market, now accounting for nearly one in five sales as hybrids and tech-focused models drive strong growth…
