South America Chinese Automakers Are Overtaking German Manufacturers in Brazil
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In Brazil and Argentina, history is repeating itself as it did in China: Chinese brands are outpacing German ones in new vehicle registrations. BYD, Chery, and Geely predominantly dominate the electric car market.
Following China, momentum is now shifting against the German auto industry in South America. Brazilians and Argentines, who were once enamored with VW models, are now raving about the BYD Dolphin. Car dealers are working overtime, and customers are lining up. Registrations and imports are skyrocketing.
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