Chinese Cars May Capture 10% US Market

Aaj Tak · automobile

Chinese automakers could capture approximately 10% of the US market by 2038 if market access is eased, according to a Bloomberg report citing Mobility Global. This forecast suggests Chinese companies might sell up to 1.7 million vehicles annually, representing 11% of total US sales. This scenario assumes relaxed entry for North American-produced Chinese cars, even with high tariffs on imports.