Urgent.News

What's breaking now, across thousands of outlets.

Business

China's car market falls and its brands rush to export

Las matriculaciones en el gigante asiático cayeron un 21% en el primer semestre. Firmas como Xiaomi apuntan a aterrizar en el Viejo Continente y las ya presentes aumentan cuota

Translated from Spanish Read in Spanish

China's car market falls and its brands rush to export

Chinese car brands have quickly become a common sight in the European automotive landscape. In Spain alone, there are already dozens of Chinese firms, and more are expected to enter the market. New brands such as Xiaomi, Li Auto, Exlantix, and Denza are set to increase competition, joining established Chinese brands like BYD, SAIC, and Chery. The Chinese market has declined by 20.8% in the first half of the year compared to 2025, driving Chinese brands to seek growth in Europe.

Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at elpais.com →

More in Business

Growers suffer as tobacco prices crash

Purchase of flue-cured Virginia is underway.—Photo by the writer SWABI: Tobacco growers are facing severe difficulties in selling their crop, with traders and small cigarette manufacturers offering…

More from Sunday 16 August →