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Chinese car brands boost Spanish market: auto association head

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STORY: Chinese car brands boost Spanish market: auto association head
SHOOTING TIME: Jan. 9, 2024
DATELINE: Jan. 10, 2024
LENGTH: 0:01:07
LOCATION: BARCELONA, Spain
CATEGORY: ECONOMY

SHOTLIST:
1. various of car brands and models
2. SOUNDBITE 1 (Spanish): ERIC IGLESIAS, President of the National Association of Vehicle Dealers
3. various of car brands and models
4. SOUNDBITE 2 (Spanish): ERIC IGLESIAS, President of the National Association of Vehicle Dealers

STORYLINE:

Chinese car brands should be welcomed in Spain as they make the market more dynamic, the president of the National Association of Vehicle Dealers (Ancove) told Xinhua in an interview on Tuesday.

SOUNDBITE 1 (Spanish): ERIC IGLESIAS, President of the National Association of Vehicle Dealers
"We are very happy that more Chinese brands are coming here. The more brands there are, the more varieties and competition there are, which can make vehicle prices more competitive and create a more dynamic market, which is what we want."

Chinese car brands currently have a 4 percent share of the Spanish market, and this figure is expected to grow, according to a recent study by the Coches.com trade website.

SOUNDBITE 2 (Spanish): ERIC IGLESIAS, President of the National Association of Vehicle Dealers
"We will see the arrival of new Chinese brands in Spain, while those that are already here will over time continue to expand their niches in the Spanish market and we forecast that Chinese brands will continue to increase in the next few years." 

Xinhua News Agency correspondents reporting from Barcelona, Spain.
(XHTV)

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