Report: German Car Suppliers Lose Market Share in China

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In the transition from the burner to electric mobility, Germany and Europe had "lost the connection," according to an analysis. Chinese competitors, on the other hand, had succeeded in creating perfect recycling chains. The price and technology advantage was enormous.

Sueddeutsche Zeitung

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German car suppliers have lost market share to Chinese companies in the last ten years. The global market share fell to 23 percent. Chinese companies develop products faster and offer price advantages.

LVZ - Leipziger Volkszeitung

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rnd.de

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Chinese suppliers are catching up rapidly, especially with batteries and software, they are now ahead in a number of technologies. German companies are facing a change.

vienna.at

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German automotive suppliers have lost international market share to their emerging Chinese competitors over the past ten years. According to calculations by the management consultancy Strategy&, the global market share of German suppliers in 2024 was 23 percent, three percentage points lower than ten years earlier. Chinese companies, on the other hand, increased their share from 5 to 12 percent over the same period.