Thanks for the good wish! It's gonna take some more years for Chinese automakers to accumulate strength to compete with the already well established companies. As per Fortune 2000 by market cap world's top 10 auto & truck conglomerates in 2016 are:
- Toyota Group (Toyota Motor, Denso, Toyota Industries, Aisin Seiki, Toyota Boshoku), $242.6 B
- Volkswagen-Porsche Group (Volkswagen AG, Porsche Automobil) $89.7 B
- Nissan-Renault Group (Nissan Motor, Renault, Valeo, JKEKT) $88.5 B
- Daimler, $75.4 B
- Hyundai-Kia Group (Hyundai Motor, Kia Motor, Hyundai Mobis) $67.4 B
- BMW Group, $60.4 B
- Ford Motor, $54.2 B
- Honda Motor, $51.1 B
- General Motors, $49.6 B
- SAIC, $34.4 B
Chinese privately owned firms are doing fine, BYD now valued at $18B, Geely at $12.2B, they are among future candidates for global top 10, others like Great Walls and Chery have also grown.
While the above privately owned automakers compete purely on products and services, large state-owned firms can employ more capital-intensive, more sophisticated global expansion strategies, example is SAIC's hybrid engagement-competition strategy (see below link) with GM since 2008 financial crisis, SAIC has become
the fastest-growing automaker in the world by market value.