McKinsey auto leader: China’s auto industry is faster, cheaper and better. Here’s how the West can close the gap
- Posted on July 30, 2026
- By Fortune
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- 1 min read
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McKinsey auto leader: China’s auto industry is faster, cheaper and better. Here’s how the West can close the gap
Detroit's big 3 have lost 16 points of global market share in 20 years as Chinese automakers surged from under 1% to 12%.