Record Penetration of Chinese Cars in Europe: Geely, Chery and BYD Are in a Close Fight for Customers
4 Articles
4 Articles
Chinese manufacturers are increasingly overtaking well-known car brands in the European sales rankings, while several traditional players are losing market share despite growing demand. The latest data from ACEA shows how much the balance of power has changed in just one year, and which manufacturers are lagging behind the competition. Meanwhile, the choice of powertrains among buyers is also changing dramatically, but Hungary is on a different …
Despite growing obstacles from Brussels, Chinese car brands are rapidly conquering the European market. Six Chinese companies are already among the 20 best-selling manufacturers, while Geely, BYD, Chery and SAIC have realistic ambitions to be among the top ten.
Chinese groups gain ground again in Europe and change their own sales classification. Plug-in hybrids drive forward, accompanied by strong growth of electric cars. The record comes as the European Union prepares restrictions on imports of hybrids. The expansion of Chinese manufacturers in Europe continues to gain speed. The arrival of new brands, an ever wider offer and the growth of plug-in hybrids are changing the distribution of sales. Septem…
China's car groups are advancing rapidly on the European market despite the increasing pressure from the European Commission. Six companies in China are already in the Top 20 sales, and giants Geely, BYD, Chery and SAIC have justified claims in the Top 10.
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