Chinese Automakers Make Historic Inroads in Europe: Record Sales and Market Share. Chinese car manufacturers have made a significant dent in the European market, with sales more than doubling in April to a staggering 112,992 vehicles. This impressive milestone marks a new record for Chinese automakers in the region, with their market share swelling to a remarkable 10 percent. The driving force behind this surge in popularity is a trio of Chinese brands: SAIC's MG, BYD, and Chery, which collectively accounted for three-quarters of Chinese sales. As the European market continues to shift towards electric and hybrid vehicles, Chinese manufacturers are poised to capitalize on the trend, further solidifying their presence in the region.
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 ...
