Published: January 25th, 2021,
Last updated: February 18th, 2023
What is the importance of the Chinese market for Germany’s car manufacturers? A recent study by the Center Automotive Research came to the following conclusion: Of the 14.16 million cars sold worldwide last year by Volkswagen, Daimler, and the BMW Group, 38.2 percent were sold in China. In the Augsburger Allgemeine Zeitung, car expert and study author Ferdinand Dudenhoeffer sums up: „The German automakers’ China share has never been this high – and it will continue to rise.“