12 hours ago
Foreign Automakers' Share in China Is Only Set to Dwindle
The picture for foreign automakers in China doesn't get any rosier with new research from consultant AlixPartners showing local brands' dominance will climb to as high as 76% by 2030 as the market share of Japanese, European and US companies dwindles.
And despite persistent competitive pressures, the nation's aggressive car price war is expected to evolve, rather than abate.
