Why the big car companies are losing China

[_NOBODY_]

Why the big car companies are losing China| DW​

Big carmakers like Volkswagen and Toyota were once top sellers in China. Now they’re rapidly losing ground to a new generation of Chinese companies luring local buyers with advanced – and affordable – electric vehicles. Business Beyond looks at what legacy carmakers got wrong, what Beijing got right and how the next few years could reshuffle the global car industry.

Chapters:
00:00 Introduction
01:20 ‘Nobody thought of China’
04:41 New tech, new chance for Beijing
07:17 The Tesla effect
09:37 Don’t forget karaoke!
12:55 Price war
13:43 Made in China, sold worldwide

 

[Menthol]

VW has a strong base in China.

If VW uses his China card, I do believe VW will remain competitive in China.

Not just that, VW can take over the world as well.


China is the trend setter right now.

The more a car manufacture stay away from China, the more it will be defeated both in China and worldwide.