🚗 Automotive
1d ago
Who is China really stealing sales from?
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It's not the easy prey at the bottom but some mid-market stalwarts that are losing out
On the face of it, the UK new car market is a land of milk and honey again for car makers selling here, with sales up nearly 10% year on year.
Given that increase, you'd expect to see general growth across the board – or at least no worse than standing still – but the volume of new entrants from China means there are a significant amount of losers.
Patterns are now emerging and the mid-market is where the act
On the face of it, the UK new car market is a land of milk and honey again for car makers selling here, with sales up nearly 10% year on year.
Given that increase, you'd expect to see general growth across the board – or at least no worse than standing still – but the volume of new entrants from China means there are a significant amount of losers.
Patterns are now emerging and the mid-market is where the act
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