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Chinese brands will double their Australian market share this year – analysts

News Snapshot:

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 Australian customers, representing just under 17 per cent of the 1,237,287 total deliveries made in the record 2024 market. 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. Know the news with the…

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