According to the website of the Spanish newspaper El Pais, China continues to position itself as a strong competitor in the European market. In August, MG became the first Chinese carmaker to lead monthly sales in Spain, overtaking the usual winners such as Dacia, Toyota and Kia.

  According to monthly statistics, in August, the MG ZS became the best-selling model in Spain with sales of 1,949 units, ahead of Dacia Sandro (1,802 units), Toyota Corolla (1,361 units) and Kia Sportage (1,160 units). Mg ZS sales in August this year increased by 261% year-on-year, making it the fastest growing brand in the Spanish market.

  Like other Chinese automakers, MG is known for its economy models, with a wide range of plug-in hybrid, electric and gas-powered vehicles. The company announced last month that it would launch 10 new models in Spain over the next two years. The MG ZS has yet to surpass its rival Dacia in total sales so far this year. Currently, the MG ZS is the sixth best-selling model in Spain so far this year.

 

  The brand launched in Spain just two years ago, but has already taken off. So far this year, MG ZS sales have increased by 316%, accounting for 60% of the Chinese manufacturer's sales in Spain. Mg, once a British brand, is now owned by China's SAIC Motor. Mg plans to sell 25,000 cars in Spain by the end of the year.

 

  Standard & Poor's estimates that China exported more than 3 million cars last year. KPMG says brands such as MG and BYD could account for 15 per cent of European sales within the next two years.

 

  Byd is one of the world's largest electric car makers. The brand opened stores in Madrid and Barcelona.

 

  China plans to produce more than 26 million vehicles this year, according to consulting firm McKinsey, a figure that illustrates the Asian country's strength relative to the rest of the world.

 

  According to the Spanish Association of Car and Truck Manufacturers, the total value of Chinese cars sold in Spain in 2022 was about 1.39 billion euros, 68 million euros higher than in 2021.

 

  Sigrid de Vries, general secretary of the European Automobile Manufacturers Association, said: "China has set its sights on the European market and has the potential to fundamentally change the face of European industry."