Chinese Automakers Make a Splash in Europe: Record Sales and Market Share In a significant milestone for the Chinese automotive industry, sales of Chinese-made vehicles in Europe more than doubled in April, with a total of 112,992 units sold. This surge in demand has propelled Chinese automakers to a record 10 percent market share, a testament to their growing presence in the European market. The lion's share of these sales came from SAIC's MG, BYD, and Chery, which collectively accounted for three-quarters of the total Chinese sales. As the popularity of Chinese brands continues to rise, industry experts are closely watching to see if this momentum can be sustained in the face of increasing competition from established European automakers.
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 ...
