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VW and GM lose ground to Chinese EV makers as petrol-heavy line-ups fall out of favour in world's largest car market

VWโ€™s sales in mainland China and Hong Kong trailed well behind overall market growth, while GMโ€™s mainland China deliveries dropped below its US sales for the first time since 2009.
United States Paul Gong Warren Buffett Berkshire Hathaway Ralf Brandstatter China Association Of Automobile Manufacturers Japan Automobile Industry Association
Source: scmp.com

China to solidify its position as world's top car exporter in 2024 as it banks on manufacturing heft: UBS

Chinese carmakers are expected to export 5 million vehicles in 2024, with much of the demand coming from markets such as Southeast Asia and firmly establishing China as the worldโ€™s No 1 exporter, the Swiss bank says.
Warren Buffett Berkshire Hathaway China Passenger Car Association Japan Automobile Industry Association Japan Automobile Industry China Passenger Car Warren Buffett
Source: scmp.com

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