Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business

European Carmakers On China Charm Offensive As Sales Droop

Volkswagen, the largest foreign automaker operating in China, announced that by 2027 it would release more than 20 new cars for the local market (Credit: AFP)

Once blithely dominant in China, European automakers are now launching full-fledged charm offensives at consumers in the world's largest car market, seeking to claw back sales lost to domestic rivals.

At this week's Auto Shanghai, the largest global industry show of its kind, foreign firms -- in particular legacy German ones -- pitched dozens of electric, high-tech models made "in China for China".

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.