The biggest winner from the unfolding US-China trade deal so far is Germany

0
239


In the first four months of this year, German-made vehicles accounted for 20.8 percent of passenger cars sold in China, or 1.67 million units, the association said in an online post dated Friday. In contrast, American-made cars accounted for 11 percent, in third place behind Japan and a slight decrease from the same period last year, the data showed.

Of the top 10 brands by sales during that time, Volkswagen-affiliated sedans accounted for six, the association said.

The only American brand on the list was General Motors’ Buick. Japan’s Nissan and Toyota had one car each on the top 10 list, and the lone Chinese-made brand was Geely.



Source : CNBC