Business2 sources
Chinese Automakers Surpass Japan in Europe, Challenge Hyundai
- Registrations of Chinese-branded cars in Europe doubled in September, making up 12.7% of total sales.
- Chinese automakers have surpassed Japanese rivals in Europe for the first time.
- This shift is intensifying pressure on Hyundai Motor's global sales.
- Chinese automakers have also expanded their presence in South Korea.
- The increase in Chinese car registrations in Europe was from a year earlier.