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Auto, S&P: Chinese Demand Down to 2028, World Production to 88 Million

Summary by teleborsa.it
(Teleborsa) - S&P Global Ratings expects the Chinese light vehicle market to continue to decline until 2028, to stabilize around 20 million units. The weak demand will push the excess of...
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Milan, 16 Oct. (askanews) S&P Global Ratings raises the growth estimates of the European automotive market in 2026, but cuts the global forecasts and especially those of China, where the sharp contraction in domestic demand is pushing manufacturers to increase exports, intensifying international competition. In Global Autos Outlook, the agency plans to [...]

(Teleborsa) - S&P Global Ratings expects the Chinese light vehicle market to continue to decline until 2028, to stabilize around 20 million units. The weak demand will push the excess of...

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teleborsa.it broke the news on Friday, October 16, 2026.
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