End of an era for Japanese carmakers
- Chinese automakers outsold Japanese rivals in Europe for the first time over a full quarter, underscoring how quickly brands like BYD and Chery are gaining ground in the region.
- Registrations of Chinese-branded cars roughly doubled from a year earlier in the three months through September to make up 12.7% of total sales across the region, led by hybrids, according to market researcher Dataforce.
- The European Union is trying to temper an expansion that is partly fueled by state-backed subsidies by adding extra tariffs on China-made battery-electric vehicles and considering new rules that would favour locally made cars when granting subsidies and other incentives.
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