Chinese automakers overtake U.S. rivals in sales for the first time, report shows

Chinese brands sold 13.4 million new vehicles last year, while American brands sold about 11.9 million units, according to Jato Dynamics.Chinese brands, led by Shenzhen-based BYD, sold 13.4 million new vehicles last year, while American brands sold about 11.9 million, the data showed. Japanese brands led with 23.59 million sales.

"Negligence from legacy automakers, which has resulted in consistently high car prices, has inadvertently driven consumers toward more affordable Chinese alternatives," Jato senior analyst Felipe Munoz said in the report.Brands from China have made particular inroads in emerging economies, where Jato said one in five new car sales were made last year amid increased global demand.

Meanwhile, some Chinese brands also picked up share in developed economies, including Europe, Australia, New Zealand and Israel.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Europe’s electric car tariffs sting China but won’t halt BYD’s advanceAfter months of investigation, the European Union (EU) has announced provisional tariffs on electric vehicles (EV) imported from China, because of what it sees as Beijing’s unfair support for companies that undercut European carmakers.
مصدر: cnnbrk - 🏆 393. / 55 اقرأ أكثر »