Volkswagen’s Post

🚗 China's Car Market Tsunami in Russia 🌍 The rapid transformation of Russia's car market is remarkable! Chinese carmakers have swiftly filled the void left by Western companies, dramatically increasing sales and production. With Russia's market now heavily reliant on imports, Chinese brands like Chery, Geely, and BYD have surged in popularity. However, the long-term sustainability of this boom remains to be seen. #automotiveindustry #supplychain #globaltrade #china #russia #ev #carmarket #businesstrends Full read here: https://lnkd.in/dt37wiJV

Who else thought World of Warcraft was something from the past? Apparently it’s making a comeback in China after a 1.5-year hiatus! 🎮 Here’s a sneak peek at a few other headlines from our China Insights newsletter this week: 🚗 Stellantis Teams Up with CATL for EVs: Stellantis is joining forces with China’s CATL and Leapmotor to revolutionize electric vehicle production in Europe. This partnership aims to leverage Chinese expertise to compete against cheaper imports and boost EV output. How will this shift the European automotive landscape? ✈️ Shanghai Airports Surge: Passenger traffic at Pudong and Hongqiao airports has fully recovered to pre-pandemic levels, making Shanghai the top air hub in China. And there’s more—Shanghai is planning a third airport! 📈 China’s Expanding Global Automotive Market Share: Chinese automakers are set to achieve a 33% global market share by 2030, with significant growth outside of China. What does this mean for the global automotive industry? ✅ Check the link in the comments for the full story. 💬 What’s your take on these developments? Share your thoughts below! 👇 #ChinaInsights #TechTrends #EconomicGrowth #Travel #EVRevolution 🔗 Join 4,000+ China Insiders and cut through the noise with the China Insights Weekly Newsletter. ♥️ Elevate your brand with darling advertising + design. 🐉 Dive into the depths of China/APAC tourism dynamics with re:set strategies.

China’s mighty car blitzkrieg Interesting article by Michael Dunne: If China can jump from 1 million exports in 2020 to 6 million in 2024, what is to stop China from shipping 12 million annually by 2028? And what is to stop China’s mighty car blitzkrieg from shattering 100 years of Western car dominance? This is the new and unsettling specter that ruins the sleep of automotive leaders outside of the People’s Republic of China.

China's vehicle market

After a full service of a China truck

Interesting article by Michael Dunne: If China can jump from 1 million exports in 2020 to 6 million in 2024, what is to stop China from shipping 12 million annually by 2028? And what is to stop China’s mighty car blitzkrieg from shattering 100 years of Western car dominance? This is the new and unsettling specter that ruins the sleep of automotive leaders outside of the People’s Republic of China.

Are we also talking about overcapacity if Western car manufacturers export to China, this market being their largest bet on growth, until recently? Capitalism is about competition, where someone can loose or win, in shortterm and longterm. The West might need to remember that. Did we expect the Chinese will never learn how to make brilliant cars, but always buy expensive German manufacturers products? #china #competition #west

Discover the latest insights on the Russian car market in our comprehensive article. In 2023, Russia surged 16th in global rankings, seld 1.06 million vehicles—a remarkable 69% increase. Chinese brands have taken the lead, filling the gap left by Western manufacturers. Dive into the dynamics, top brands like Lada and Chery, and prospects. Stay ahead with our in-depth analysis and learn how to leverage this market for your brand. Read the full article on our website now https://lnkd.in/eafX75T4  #RussianCarMarket #AutomotiveIndustry #MarketInsights #InternationalBusiness #ChineseBrands 

The car industry in China has really been developing

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