Perez, 47, is one of millions of car buyers in Latin America to have made the shift from US- and Brazilian-built cars to Chinese models in recent years. In 2019, the Asian economic giant sold $2.2 billion worth of cars in the region. Last year, the figure reached $8.5 billion, accor...
"I believe that in the coming period, Chinese cars should be locally manufactured in Egypt," he said, explaining that the North African country has the necessary manpower and energy at low prices, as well as free trade agreements with European and African states for zero-customs exportation. ...
Brazil has emerged as a hot destination for Chinese cars. Data from Fenabrave, a dealership association of Brazil, show that Chinese automakers sold a total of 48,000 new vehicles in Brazil in the first four months of this year, marking an eightfold increase compared to the same period of 2...
aThe bargaining power of suppliers of McDonald’s is high because McDonald’s restaurants are around the world’s and all franchise are using the same products with high quantity from the same suppliers, because of their large-scale, the authority more with McDonalds less with the supplier. He...
UK car magazine Auto Express carried anarticlein 2017 which suggested the group’s European market entry would be no sooner than 2025. Chery Established in 2007, Chery was for a time the largest Chinese exporter of passenger cars, but with a focus on South America, South Eastern Asia and Af...
CAIRO, Jan. 27 (Xinhua) -- The future of Chinese cars in Egypt's market is "so great" for the Egyptian auto market that now depends mainly on China, whether in cars or buses, said Khaled Geyushi, vice chairman of Egypt's Geyushi Automotive Industry. ...
Chinese companies, though, have long expressed desires to enter the lucrative U.S. market. During his speech, Trump welcomed them, saying Chinese auto factories would be built in the U.S., or he would double or triple tariffs on each car, making them unsellable in America. ...
Sure, directly imported cars would cost a lot more, but ones built in Mexico? Not so much. The Chinese will pull the same fast one on their US competition that has worked for them 100% of the time so far. Tariffs are not a solution. They are like putting a Band-Aid on a femoral...
sold by Plan-net Avto, mainly because it was the first model that entered the Slovenian market, but also because of its quality, design and favorable price. About 20 percent of MG cars sold are electric, and the Chinese electric car MG4 was the 11th best-selling model in Slovenia last ...
JERUSALEM -- Chinese brands topped Israel's imported passenger car sales in January, with 8,010 units sold, according to figures released by the Israel Vehicle Importers Association on Friday. The figures showed that South Korea was Israel's second-largest supplier of imported car...