Results for: Chinese Cars

Cango, a Chinese car trading services provider, is aggressively expanding its business beyond China’s domestic market, aiming to become a leading exporter of used Chinese cars globally. The company is leveraging its strong financial position and strategic partnerships to establish a presence in emerging markets, with a particular focus on Africa. While its new international ventures are in their early stages, Cango is already attracting significant attention and seeing promising growth in its user base and page views.

GWM’s success in Australia, with sales soaring 45.3% in 2023, has positioned the manufacturer to introduce more expensive models. The growing acceptance of Chinese-made cars has driven this surge in sales, with GWM becoming a mainstream brand and leading a trend of Chinese manufacturers capturing market share. This growth has been accompanied by an increase in the average sale price of GWM vehicles, as the brand introduces new products and emphasizes quality and features.