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DeepNewz, mobile.
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Chinese automakers are increasingly expanding their presence in the Middle East, Africa, and Southeast Asia as they face tougher prospects in American and European markets. https://t.co/3QjHMXLeko
At this rate, how many foreign automakers will be left in China in a few years? https://t.co/A5KUY7tNbt
Foreign Carmakers Fight to Survive in China as Market Share Dwindles—Domestic brands have seized majority of the market, and some Western executives say comeback will take years @Kubota_Yoko @hwclarence https://t.co/5j1v7iMBQU https://t.co/5j1v7iMBQU
Foreign carmakers are losing market share in China as domestic brands dominate the market. Western executives believe it will take years for foreign carmakers to make a comeback. Chinese automakers are expanding into the Middle East, Africa, and Southeast Asia amid challenges in American and European markets.