Chinese automotive brands such as Haval, Geely, Baojun, BYD and JAC are experiencing strong growth as the world’s largest auto market embraces its local brands.
The findings, from Brand Finance’s Most Valuable Auto Brands report, revealed that while the Chinese brands remain unknown outside the country, their market share within China is on the rise.
Five Chinese car brands ranked within the top 50 of global auto brands, Haval increased brand value by 124% to be valued at $6.8 billion, Geely jumped 62% to $6bn, while BYD surged 211% to $3.4bn and Baojun was up 98% to $1.8m and Foton increased 90% Read full story ›
Source: The Drum
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