In March the Jaecoo 7, a cut-price Chinese SUV, became Britain’s bestselling car, with 10,064 registrations in the month. At the start of the decade Chinese cars accounted for 1% of all new sales in the country. Now they account for 15%, which is the highest figure among the big European markets. Jaecoos, which have a petrol or hybrid engine, chug along while all-electric BYDs hum through England. Cheap financing is key. Chinese companies gagging for market share, such as Chery, offer 0% annual percentage rate (APR) deals with minimal deposits. (Source: economist.com)