AutoExec Summary
Over the last 10 years, Japan, Thailand, and South Korea have been the main countries producing cars sold in Australia. However, China has now surpassed South Korea and is aiming to compete with Thailand and Japan. Many Chinese car brands are entering the Australian market due to the lack of tariffs on imported Chinese cars. Australia’s mature automotive market and the population’s buying habits make it an attractive option for Chinese brands. Additionally, Australia’s small population concentrated in major cities makes it cost-effective for new brands to establish a physical presence.
Brands mentioned: Kia, Hyundai, GWM, BYD, Geely, SAIC, Tank, Mazda, XPeng
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