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Tag Archives: China

Steve Young Blog: Seeing through the mist

The core of ICDP’s activities is our collaborative research programme which has been running for over thirty years at a European level. This brings players from across the distribution sector – sales and aftersales, manufacturers, dealers, parts distributors and suppliers of services and technology – together to develop a better understanding of the challenges facing us all, and how to ...

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Chinese carmakers to double production abroad to avoid tariffs

Chinese carmakers are pumping millions into production facilities abroad with a view to double their production capacity to over 2.7 million vehicles by 2026. The aim is to circumvent looming import tariffs and address the burgeoning demand for electric vehicles (EVs). According to a recent report by Bloomberg, these firms aim to more than double their annual production capabilities outside ...

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EU tariffs ‘threaten to disrupt’ Chinese cars brands expansion

EU tariffs of 19% to 46.3% on Chinese Battery Electric Vehicles (BEVs) entering Europe will “potentially” slow growth of Chinese automotive brands in the region. That’s the view of Owen Edwards, head of Downstream Automotive at professional services business Grant Thornton “Historically, Europe presented an attractive opportunity for Chinese brands due to its large new vehicle market and lower import ...

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Steve Young Blog: Fighting on multiple fronts

As high temperatures return to a number of parts of the world setting off forest fires that can rapidly surround whole communities, I see a parallel to the challenges that we face as an industry. Over the last 10 days I’ve participated (with some restrictions due to Covid) in three events and had a number of conversations with friends and ...

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Chinese carmakers to pile on the pressure in European drive

European carmakers are increasingly under pressure in their home markets from Chinese manufacturers, more and more of whom are pushing into European markets with electric vehicles. In the first quarter of 2023, China replaced Japan as the world leader in automotive exports. The event was an “astonishing advancement” from sixth place as recently as 2019. These are among the key ...

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BLOG: Brace yourself for Chinese cars!

The title of my blog is not intended to suggest that there is anything about Chinese cars that you need to brace yourself for in terms of the driving or ownership experience. On the contrary the quality and general competitiveness of cars coming from the major Chinese manufacturers now appear to be on a par with European volume brands. Many ...

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