China’s domestic manufacturers increase market share
The latest Registrations Datablast is now available. Here we take a deep dive into the data on China and the increasing significance of domestic manufacturers. The Chinese market grew by 7.6% in 2024, up to 23.12 million units from 2023’s total of 21.48 million. Domestic manufacturers took just over 59% of the market in 2024, up 9.6% over 2023, as shown in the chart below.
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Originally posted on: https://www.automotiveworld.com/articles/chinas-domestic-manufacturers-increase-market-share/