Chinese brands make inroads into German market in March
New-car registrations were up 17 percent to 281,361 registrations last month as supply shortages at mainstream automakers eased.
April 05, 2023 08:08 AM
Sales of Lynk & CO cars in Germany rose 356 percent in March. The Lynk 01 model is pictured.
Chinese automakers have started making inroads into Germany after they targeted Europe's biggest market to offset their tough domestic market.
The Lynk & CO brand increased sales in Germany by 356 percent to 429 units in March,
data from the KBA motor transport authority showed.
SAIC-owned
MG's volume grew by 271 percent to 2,010 vehicles.
Four Chinese brands that have launched German sales in recent months appeared on the KBA's list of monthly registrations.
They were:
Great Wall Motor with 164 new cars registered in March;
Nio with 122 cars registered; Aiways with 18 registrations and BYD with seven registrations.
New-car registrations were up 17 percent to 281,361 registrations last month as supply shortages at mainstream automakers eased.
europe.autonews.com