China continues to push sales figures, focusing on markets in the world
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by Sam D. Smith
March 2, 2025 at 17:40
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- Despite the prices that upset its American and European plans, China continues to export cars to the rest of the world.
- Many countries in the world of world have no anti-dog prices and have little or no local automotive industry to protect.
- Chinese car manufacturers now seek to extend their presence abroad, in particular the displacement of manufacturing in new countries.
Even if the American prices make Chinese manufacturing cars as rare as snow in the desert here, Chinese car manufacturers have managed to find enough buyers around the world to propel the country passed Germany and Japan as the main exporter of passenger vehicles.
The growth was exponential, the 4.7 million cars of last year exported from China Triple, the amount of what it was in 2021. With Byd already exceeding Tesla in global sales (electric vehicles and combined hybrids), analysts predict that Chinese car manufacturers will soon exceed Volkswagen and Toyota.
Become the best of the rest
However, without notable success in North America, as well as intense competition in Europe (not to mention the prices on both sides), China turned south in the world in order to move its inventory. The markets of Southeast Asia, the Middle East, Latin America and African are hot properties. Although the individual nations of these regions may not have a purchasing power as strong as certain Western countries, these markets are favored for their rapid growth and their limited national cars industry.
Read: The owners by existing furious after falling car prices and the features improve
According to a report of The EconomistChinese car manufacturers have gone up close to zero presence at eight percent of the market in the Middle East and Africa, six percent in South America and four percent in Southeast Asia-all in a few years.
The aggressive thrust of China in these markets stems from a slowdown in its domestic market. While some 23 million vehicles were sold in China last year, growth has decreased and national car manufacturers receive a serious overcapacity problem. It is estimated that if Chinese car factories operated at full capacity, they could produce nearly 45 million cars per year. Currently, the output is set at sixty percent of this figure.
The quest abroad
Despite the overcapacity problem they have at home, Chinese car manufacturers want to stick a flag in the ground abroad, building pastures in pastures again. Reports estimate that 2.5 million cars will be built by Chinese brands in foreign factories, allowing these companies to avoid prices and shipping costs. Byd already makes cars in Thailand and Uzbekistan, with plants for plants in Brazil, Indonesia, Hungary, Turkey and perhaps Mexico. They are not alone, with Chery, Great Wall, SAIC and Changan, overwhelming similar plans.
We do not know how the Chinese government, which already provides incentives to local brands to maintain manufacturing at home, will see efforts to move manufacturing abroad. Be that as it may, Chinese car manufacturers make their Japanese and South Korean competitors nervous, as well as the American and European brands that do not welcome additional pressure.
