Chinese cars could take 11% of the U.S. market, expert says
An expert warns that, with fewer barriers, Chinese brands could carve out a huge share of the American car market.
If regulations were looser, Chinese automakers could capture as much as 11% of the U.S. car market. That is the estimate cited by an expert in the American press, who sees Beijing-based brands as a real threat to established manufacturers.
For Europe, the message is clear: Chinese pressure is not only an American issue. With aggressive pricing, EV strength and heavy industrial investment, competition could become even tougher in Western markets.