BusinessChina car sales are booming everywhere, just not at home
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BusinessChina car sales are booming everywhere, just not at home
BEIJING: China’s car industry is on a tear overseas, storming markets from Europe to Southeast Asia and heaping pressure on long-established automakers like Toyota Motor 7203.T and Volkswagen. But it is a different story at home, where car sales have been in steady decline since late last year, as »»»
Chinese car sales are booming almost everywhere – just not at home
BEIJING – China’s car industry is on a tear overseas, storming markets from Europe to South-east Asia and heaping pressure on long-established automakers like Toyota Motor and Volkswagen. But it is a different story at home, where car sales have been in steady decline since late 2025, as weak consu»»»
Chinese car sales boom almost everywhere
Forecasts suggest Chinese brands could capture more than 20% of Europe’s overall passenger vehicle market and 29% of its electric vehicle market by 2030. (Reuters pic) BEIJING: China’s car industry is on a tear overseas, storming markets from Europe to Southeast Asia and heaping pressure on long-es»»»
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