Europe’s established car manufacturers should be braced for an electric vehicle (EV) “price war” ahead of an influx of new Chinese brands in 2023 and beyond, according to Grant Thornton.
The accounting and consulting organisation’s head of downstream automotive, Owen Edwards, said that Chinese carmakers were already waging war on their rivals in a trend that was set to accelerate as they increasingly targeted Europe as a region ripe for expansion.
The latest edition of Cox Automotive’s Autofocus industry report pointed out that BYD – launching in the UK this year – was the strongest-performing Chinese OEM in 2022, with EV and hybrid sales up 132% at 1.62m units.
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AM Dealer Recommended 2025
In this issue we present the top perfomers in the 2025 AM Dealer Recommended research.
Significant motor retail industry suppliers have been endorsed by UK automotive retail leaders in our research programme.
We surveyed dealers from our audience to find out who they trust most and rely on for products and services in a variety of critical aspects of their motor retail operations.
Almost 30 companies received sufficient support from AM's dealer audience to become Dealer Recommended this year.
Find out who they are and learn from them how they can problem solve in your business.
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