Last year more cars were sold in China than anywhere on Earth, but only one-third of them were Chinese brands. That means two-thirds of mainland drivers do not want a Chinese car – hardly a vote of confidence in domestic brands.
As the balance of power in the global car industry shifts to the east, motor manufacturers are watching closely for the emergence of a globally competitive Chinese car brand.
Last year was a watershed for Chinese carmakers as their domestic market took first place globally and local carmakers bought some or all of famous foreign brands such as Saab and Volvo.
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