Chinese Automakers Make Ground in Europe with Record Sales. In a significant milestone for the Asian automotive industry, Chinese car manufacturers have more than doubled their sales in Europe to a record 112,992 vehicles in April, securing a remarkable 10 percent market share. The surge in demand can be attributed to the growing popularity of brands such as SAIC's MG, BYD, and Chery, which together accounted for nearly three-quarters of Chinese sales in the region. As the European market continues to shift towards electric and eco-friendly vehicles, Chinese manufacturers are well-positioned to capitalize on this trend, with many of their models already meeting stringent EU emissions standards.
Chinese automakers doubled Europe sales to 112,992 vehicles in April, reaching a record 10 percent market share. SAIC’s MG, BYD and Chery accounted for three-quarters of Chinese sales, helped by their ...