·China is the most important market for German cars worldwide
According to Ernst & Young's report, in 2014, Germany's three major automakers (Volkswagen, Mercedes-Benz, and BMW) accounted for 22.5% of the Chinese market, with a growth rate of 0.8%. The Volkswagen Group's market share in China is as high as 18.7%. Sellers Union Group , https://www.sellersuniongroups.com
In 2014, German cars sold a total of 4.66 million units in the EU and 4.44 million units in China. It is expected that sales growth in China will exceed 10% in 2015 and only 3% in the EU. Higher than the total sales in the EU.
In 2014, German car sales in China increased by 14%, higher than the growth rate of 10% in the Chinese auto market. Among them, the biggest beneficiaries and the biggest promoters are the Volkswagen Group, which has accounted for 37% of Volkswagen's global sales.