Chinese automotive manufacturers have been expanding their manufacturing footprints outside China for a variety of reasons. If these OEMs are to compete globally, moving beyond the domestic market is a must. They have also had to seek out more overseas markets, as the market share of local brands in China has been dropping, with local … Continued
Chinese automotive manufacturers have been expanding their manufacturing footprints outside China for a variety of reasons. If these OEMs are to compete globally, moving beyond the domestic market is a must. They have also had to seek out more overseas markets, as the market share of local brands in China has been dropping, with local OEMs losing ground to global ones.
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https://www.automotiveworld.com/articles/countries-southern-hemisphere-witness-influx-chinese-cv-manufacturers/
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