BREAKING NEWS
This content is not available in your region

Shanghai motor show opens confidently

Comments
Shanghai motor show opens confidently
Text size Aa Aa

China appears to be the only place in the world where carmakers can sell their wares at the moment, with the Shanghai motor showing putting on a glitzy opening, and forecasting a 10 percent growth in sales this year.

China is now the world’s largest auto market, overtaking the US this year, and although the traditional giants like GM, Toyota, Nissan or Volkswagen dominate the market, either alone or in collaboration with Chinese partners, Chinese carmakers are rising and say they will soon be in a position to challenge the big boys. One, Changan, is even considering buying Volvo from Ford. As the crisis-hit western and Japanese carmakers struggle, a window of opportunity is opening for the Chinese, who are set to drive though it at speed.
Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.