China’s car market heads toward a major shakeout

China’s car market is entering a consolidation phase: too many manufacturers, shrinking margins and fiercer competition are driving mergers, closures and partnerships. The push into electric vehicles has increased investment, but not every brand will be able to withstand the pressure.

For the global industry, this is a key turning point, because China shapes volumes, technology and business models that also affect Europe. For Italian drivers, it could mean fewer names on the market, but potentially more competitive cars in terms of price and equipment.