17 Jul 2024 | Abstracted from Motor One
"There are currently 140 different brands in China, around 50 in Europe and 14 in the US and Japan."Between 2020 and 2023, Jato reminds us that sales of Chinese-branded cars outside the domestic market increased fivefold...Between 2022 and 2023, the market share of Chinese brands in the Middle East rose from 12.9% to 16.8%, and in Eurasia - where cars are now most popular - their market share rose from 12.4% to 33.3%. South-East Asia and Africa also recorded growth of 1.9 and 2.3 percentage points."
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