China's Share Of The World's Cars Hit A New High Of 33% In January To February

May 11, 2021

From the perspective of the world, the Asian groups represented by Toyota and Hyundai Kia are relatively strong, and the rebound effect of Chinese auto enterprises is the most prominent. In January-February, China's share of the world's cars was 33 percent. After the epidemic, the Chinese auto market recovered the fastest, but the lack of chips among Chinese auto companies was not obvious. The terminal price of Chinese auto market remained stable, indicating that Chinese auto companies have strong confidence in sales and solid work in the supply chain. This chip supply side accident will be a major opportunity for the rise of China's supply chain.

CBIES AUTOMOTIVE produces steel tube for side door impact beam, cross car beam, seat frame, shock absorber, exhaust system, trunk hinge etc.

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