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UBS: Europe’s Chinese Car Challenge Is Bigger Than Policymakers Think
Key Takeaways
- UBS says Europe’s Chinese car challenge is bigger than policymakers realize.
- Chinese vehicle exports to Europe are running far ahead of registrations.
- The trend could lift Chinese brands’ market share to 20 percent.
- It could intensify pressure for tougher trade policies.
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DT Editorial Team··via autonews.com