MarketsHighConfirmedAccelerating
8.0
Volkswagen cuts 2026 forecast by €10B on China weakness, EV demand miss
Poslovni DnevnikLO·DE · CN·2 days ago
Seven Chinese auto giants (SAIC, BYD, Geely, Chery, Changan, GAC, GWM) are expanding in Spain via own subsidiaries, aiming for 30% of the private channel. This signals aggressive market entry amid EU tariff tensions, potentially reshaping the European auto competitive landscape.
Locations
Entities