Tag: automotive market growth

Soaring gas prices and hefty monthly expenses have Americans seeking more affordable options. This shift in consumer behavior has led to a rising interest in smaller, more economical vehicles. The focus on cost-effective choices doesn't mean a compromise on quality or features, but rather a smarter approach to car ownership.

The Chinese automotive industry witnessed significant growth in both production and sales figures for the year 2024. The country's automobile exports also thrived, reaching an impressive figure of nearly 5.9 million vehicles.

The Vietnamese automotive market concluded 2024 with familiar names dominating the small MPV, mid-size SUV, pickup truck, and compact low-rider segments.