"Chinese Automakers Make Historic Inroads in Europe, Surpassing 10 Percent Market Share. In a significant milestone for the industry, Chinese automakers more than doubled their sales in Europe to 112,992 vehicles in April, capturing a record 10 percent of the market. The surge can be attributed to the success of SAIC's MG, BYD, and Chery, which collectively accounted for three-quarters of Chinese sales. As the European market continues to evolve, the impressive performance of these Chinese brands raises questions about their long-term prospects and potential impact on the global automotive landscape."
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 ...
