The seven Chinese automotive giants compete in Spain
SAIC Motor, BYD, Geely Auto, Chery, Changan, GAC and GWM already operate in the Spanish market with their own subsidiaries and are looking to conquer a 30% share in the private channel.
Seven major Chinese automobile manufacturers are now present in Spain, making it the first European country where all of them operate. These companies, which include SAIC Motor, BYD, Geely, Chery, Changan, GAC, and GWM, have established a significant presence in the Spanish market, with some launching new models recently. Chinese car manufacturers have gained a 15% market share in Spain, with a 20% share in the private customer segment, and aim to increase this to 30% next year.
The companies have established their own subsidiaries in Spain, with some, such as MG and BYD, already having a significant number of sales and dealerships.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
