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Chinese carmakers may take more than 10% of US market if let in: study
The forecast says cheaper Chinese models could add 600,000 U.S. sales a year while taking about 1 million vehicles from incumbent automakers.
Summary by Business Times
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7 Articles
Chinese cars are becoming popular worldwide. What if these cars are launched in a market where there are numerous restrictions on their entry? Market research has revealed this situation. Mobility Global states in its report that if Chinese car companies gain entry into the US market, they will soon capture a significant market share.
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Expert says if allowed, China would eat up 11% of US auto market
Chinese automakers could take 11% of the U.S. market share by the end of the next decade if guardrails designed to keep the manufacturing giant out are undone, an industry expert said Wednesday, Sept. 23. Mobility Global forecasted sales of…
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Coverage Details
Total News Sources7
Leaning Left2Leaning Right2Center1Last UpdatedBias Distribution40% Left, 40% Right
Bias Distribution
- 40% of the sources lean Left, 40% of the sources lean Right
40% Right
L 40%
C 20%
R 40%
Factuality
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