US EditionAt Beijing car show, Chinese automakers take aim at Europe's premium brands
Chinese brands are unveiling feature-rich SUVs and sedans as German premium sales in China fell nearly 25% since 2019, S&P Global Mobility said.
18 Articles
18 Articles
In the run-up to the important car fair in Beijing, Chinese car manufacturers are confidently showing up. German brands such as Volkswagen, BMW and Co. are losing their competitiveness.
For a long time Chinese cars were considered a marginal phenomenon in Germany. Now they are pushing out of the niche - and the Iran war could accelerate their expansion.
saarbruecker-zeitung.de
HandelsblattFor a long time Chinese cars were considered a marginal phenomenon in Germany. Now they are pushing out of the niche - and the Iran war could accelerate their expansion.
Chinese car brands such as BYD and MG Roewe are rapidly gaining market shares in Germany. Experts warn against strong competition.
Approximately 73 percent of the 42 companies surveyed in the automotive sector conduct research and development in China, according to a survey by the German Chamber of Commerce in China.
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