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China Steps on the Gas to Become Top Auto Exporter in 2023
BMWBMW(US:BMWYY) Zacks Investment Research·2024-01-11 14:47

China's automotive industry is rapidly expanding its presence across the globe and disrupting the dominance of traditional legacy automakers. The country is expected to emerge as the world's leading auto exporter in 2023, dethroning Japan. China’s vehicle exports have hit records for full-year 2023, solidifying its status as a formidable force in the global automotive arena.China's Swift Rise to the TopIn 2022, China ascended to become the second-largest automotive exporter, overtaking the longstanding #2 e ...