“Beijing has directed several key state-owned automakers, including VW partner FAW Group, to prioritize technology and market share over profitability. That’s hardly an option for Germany’s publicly-listed carmakers” www.bloomberg.com/news/feature... // rents to shareholders are simply unaffordable
VW, BMW and Mercedes Are Getting Left in the Dust by China’s EVs
Link Preview: VW, BMW and Mercedes Are Getting Left in the Dust by China’s EVs: After falling behind on tech trends, German carmakers are scrambling to recover in their biggest and most lucrative market.
