Japanese Cars Lose Market Share To Chinese Cars In Europe

According to new-car sales data from the European Automobile Manufacturers’ Association, five Chinese automakers sold a combined 138,410 vehicles in May. That group includes BYD, SAIC Motor, Zhejiang Geely, Chery Automobile, and Zhejiang Technology. Together, their sales rose 65% year-on-year. Meanwhile, Toyota, Honda, Nissan, Suzuki, Mazda, and Mitsubishi sold a combined 130,424 vehicles, down 3% […]