July 20, 2026
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11:44Now PlayingThe people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube().
The Jaecoo 7, a Chinese SUV, is outselling Land Rover's comparable Range Rover Evoque in the UK, with its gasoline version starting around £30,000. The Jaecoo 7 includes premium touches like heated front seats and a sunroof, and has a seven-year warranty, versus three for the Range Rover Evoque. Chinese carmakers, including Chery Automobile Co., are pushing into the European market, with China's carmakers accounting for 10% of the market in May and holding about one-fifth of Europe's second-largest car market in the UK.
For more, Carol Massar and Tim Stenovec speak with Keith Naughton, Bloomberg News Auto Reporter and Jacob Reid, Bloomberg News Global Business Reporter
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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
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