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Dataforce: Chinese Carmakers' Quarterly Sales in Europe Surpass Japanese Rivals for First Time
2026-10-26 15:31:49 According to data from market research firm Dataforce, registrations of Chinese-branded vehicles in Europe surged about onefold YoY in September, accounting for 12.7% of total local sales and surpassing Japanese manufacturers including Toyota Motor (7203.JP). This marks the first time Chinese automakers have outperformed Japanese rivals in full-quarter sales performance. Chinese carmakers have risen rapidly in recent years, with Chinese brands accounting for only 1% of European sales five years ago. The European Union is currently attempting to curb the expansion of Chinese electric vehicles in the region, but Chinese manufacturers are already preparing for localized production. CHERY AUTO (09973.HK) is preparing to begin production in Barcelona, while BYD COMPANY (01211.HK)'s manufacturing base in Hungary is nearing completion. LEAPMOTOR (09863.HK) has also started producing the B10 SUV at Stellantis N.V. Common Shares (STLA.US)'s plant in Spain. (mn/ad)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |