Record Chinese turnout puts European carmakers under pressure at Paris show
- A record 20 Chinese car brands will attend next week's Paris Motor Show, doubling their 2024 presence and establishing themselves as competitive threats in Europe despite mounting trade barriers.
- Data from Schmidt Automotive Research show Chinese brands held a 10.7% share of the European market in the second quarter, up from 5.7% a year earlier, while capturing more than 26% of the Western European plug-in hybrid market.
- European carmakers face pressure from Chinese competition and weak demand, prompting Volkswagen and BMW to cut thousands of jobs. Gartner's Pedro Pacheco said, "The Europeans are playing a sort of double game."
- While the European Union considers tariffs on Chinese plug-in hybrids, Aito, owned by Chongqing-based Seres Group, plans to launch four premium electric SUVs and aims for 20% of total volumes within three years.
- Chinese automakers are turning to Europe because they are largely shut out of the US market. Brad Kunz, a partner at consultancy Grant Thornton Stax, said, "The Chinese are saying 'we've got to try and dominate Europe because we can't do anything in the US'.
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72 Articles
The World Auto Show opens on Monday, October 12 in Paris and we're going to talk a lot about electric. Chinese brands are present in force, but the French manufacturers are not left behind. Of the ten most sold cars in France since January 1, nine are French. Only Tesla manages to slide in the rankings, in 4th place behind Peugeot, Dacia and Renault. However, the Chinese are progressing in the most promising markets, the electric and the hybrid.…
The Paris International Automotive Fair is taking place in the midst of a growing competition between Chinese and European companies, with a record Chinese presence and a focus on electric cars and modern technologies.
The Elysée recalled, on the eve of the World Auto Show, that Emmanuel Macron supported European preference in the sector. He intends to fight China, particularly offensive, with 55 million exportable vehicles, against a production of 12 million cars in Europe.
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On a visit to the Auto Show in Paris, the head of state defends the continental industry and the "Made in France" in the face of the offensive of Asian manufacturers Emmanuel Macron will put the
At the World Auto Show in 2026, Chinese brands dominate. Their exports to the Old Continent are exploding, while Brussels, Paris and Berlin are hardening in the face of this overcapacity that weakens European manufacturers.
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