Chinese Carmakers Near 10% UK Share After Fivefold BYD Surge
Chinese automakers stepped up their push into the UK last month, closing in on a 10% market share for the first time as demand for BYD Co. electric models continues to boom.
Brands whose vehicles are manufactured in China cornered 9.4% of the British new car market in May, up from 7.7% the month earlier, according to data from the Society of Motor Manufacturers & Traders trade body.