China Auto Brands Enjoying Rebound Driven by New Models

April 17, 2015 1:37 AM

4 0

Chinese auto brands, pressed by foreign competition, are enjoying a rebound as they head into next week's Shanghai auto show, their biggest marketing showcase of the year.

For two years, new but ambitious automakers including Geely and Chery steadily lost market share to U.S., European and Asian rivals. They responded by spending heavily to create a wave of new models — a strategy that finally is paying off. Geely, owner of Sweden's Volvo Cars, says the number of vehi...

Also read: Tesla buyers banned from ride-sharing with their vehicles

Read more

To category page