Chinese Auto Brands Are Surpassing Global Firms Like BMW, Mercedes and Audi

(Source: Audi)

According to data released on October 11 by the China Passenger Car Association (CPCA), the cumulative retail share of Chinese car brands in the first three quarters of this year was 47.0%, up 7.5% year-on-year. They have also achieved significant growth within China’s new energy vehicle market. From January to September, the retail sales …