Jump to content
  • Sign Up
×
×
  • Create New...

Recommended Posts

  • Diamond Member

This is the hidden content, please

******** brands will double their *********** market share this year – analysts

China is now the third-largest importer of new vehicles in Australia, and it doesn’t look like slowing down any time soon.

Last year, 210,113 new cars made in China were delivered to *********** customers, representing just under 17 per cent of the 1,237,287 total deliveries made in the

This is the hidden content, please
.

It’s a sharp increase in exports from the world’s second most populous nation and Australia’s biggest trade partner, which accounted for just 1.7 per cent of the local auto market five years ago in 2019, and less than half a percent a decade ago.

Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal.

This is the hidden content, please
.

Camera IconSupplied Credit: CarExpert

Despite growing by almost nine per cent last year alone, vehicle services and market intelligence firm Cox Automotive Australia has forecasted ******** imports will account for an even greater share of the new car market in 2025.

According to the automotive industry group, ******** brands could get close to taking a 20 per cent stake in the Aussie auto market this year.

While this is only up by three per cent from the share held by ********-made vehicles last year, Cox’s forecast excludes cars built in the country by foreign-owned brands.

That includes Tesla (which builds the

This is the hidden content, please
and
This is the hidden content, please
there), BMW (
This is the hidden content, please
), Mini (
This is the hidden content, please
), Volvo (
This is the hidden content, please
) and others which counted towards the total.

This is the hidden content, please
Camera IconSupplied Credit: CarExpert

With these vehicles excluded, Cox says approximately 142,000 cars were sold here by ******** auto brands in 2024, accounting for a 12 per cent market share.

Based on the firm’s prediction of 1.18 million new vehicle sales this year, that means the ******** marques could combine for 236,000 deliveries in 2025.

For context, that figure combined with sales of vehicles made in the nation by overseas brands could see China topple Thailand as the second biggest source of *********** vehicle imports (thanks largely to utes).

Last year, 272,139 new vehicles came here from Thailand. Japan continued as Australia’s number one vehicle importer with 378,911 (thanks in large part to market leader Toyota).

This is the hidden content, please
Camera IconSupplied Credit: CarExpert

According to Cox, this increase will not only be driven by the likes of MG, GWM, BYD, LDV and Chery, but also new-to-arrive or returning marques such as Geely, Foton, Xpeng, Leapmotor, Deepal and JAC, to name a few.

“By the end of 2025, there will be around 15 ******** brand names in the market, covering all segments and fuel types, with price bands from $25,000 and into six-figures,” Cox said in a media release.

Despite ******** brands often being thought of as some of the most affordable on the market, the title of Australia’s cheapest vehicle is currently held by the South Korean-made Kia Picanto, with the Suzuki Ignis, Hyundai Venue and Japanese-built Mazda 2 all also being cheaper than the outgoing-generation MG ZS.

However, the GWM Ora remains Australia’s cheapest electric vehicle (EV), and it’s this technology that China has been so dominant in selling, both globally and locally.

Last year, eight of the 10 best-selling EVs in Australia were made in China, with five coming from ********-owned brands (MG, BYD and Volvo).



This is the hidden content, please

#******** #brands #double #*********** #market #share #year #analysts

This is the hidden content, please

This is the hidden content, please

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Vote for the server

    To vote for this server you must login.

    Jim Carrey Flirting GIF

  • Recently Browsing   0 members

    • No registered users viewing this page.

Important Information

Privacy Notice: We utilize cookies to optimize your browsing experience and analyze website traffic. By consenting, you acknowledge and agree to our Cookie Policy, ensuring your privacy preferences are respected.