Major foreign carmakers set to stage a comeback in China this year: analysts

Published 7 hours ago
Source: scmp.com
Major foreign carmakers set to stage a comeback in China this year: analysts
Major international marques, from Tesla to Volkswagen, continued to lose market share in mainland China, as consumers increasingly favoured new domestic electric vehicle (EV) models equipped with hi-tech features. But in 2026, foreign carmakers are expected to stage a comeback when they launch models with innovative technologies, which are expected to attract buyers in spite of sluggish consumer demand, according to industry officials and analysts. “Finally, foreign OEMs [original equipment...