The Traderszone Network

Published in TZ Latest News 16 April, 2015 by The TZ Newswire Staff

With SUVs, Chinese carmakers at last unsettle foreign brands

In the first three months of this year, that number jumped to eight – a sign that Chinese automakers may have found their sweet-spot to battle foreign rivals in the world’s biggest car market. Despite preferential government policies, local carmakers have failed to really compete with foreign automakers like Volkswagen AG (VOWG_p.DE) and General Motors in sedan sales.