Read the interview with the Ford CEO. Who drives a Xiaomi SU7, imported from China and he refuses to give it up.
It is the arrogance of car makers all over the world. No one is matching the innovation of the Chinese car makers.
This includes European giants like Volkswagen and BMW who are suffering in China.
Despite having cases of car makers that receive subsidies handouts from EU countries and then leave anyway to produce in China or elsewhere, Belgium just gave Volkswagen 119 million.
Let’s see how long it lasts.
Read the interview with the Ford CEO. Who drives a Xiaomi SU7, imported from China and he refuses to give it up.
It is the arrogance of car makers all over the world. No one is matching the innovation of the Chinese car makers. This includes European giants like Volkswagen and BMW who are suffering in China.
http://autofreak.com/vw-bmw-mercedes-china-sales-collapse-q2/
Despite having cases of car makers that receive
subsidieshandouts from EU countries and then leave anyway to produce in China or elsewhere, Belgium just gave Volkswagen 119 million.Let’s see how long it lasts.