Analysis: German automakers fight to defend their turf from Chinese rivals

rose to 4.8% in 2022 from 2.2% in 2020, according to a Reuters analysis of sales data from the Chinese Association of Automobile Manufacturers. The EV sales of all four German brands added up to only a quarter of BYD's in 2022.

"The Chinese market is no longer as stable for German carmakers as it was," Thomas Luk, partner at management consultancy Kearney, said on the sidelines of the Shanghai show.SHIFT IN THINKING "It is important to see EVs as a new generation of products, rather than an extension of combustion-engine cars," Zhang said. "Hopefully the Shanghai show can shake that misconception."

Source: News Formal (newsformal.com)

After Nord Streams explosion - Good bye, German Automakers!

German automakers have to retreat their buniness from CCP China to other democratic countries. Stop investing in XiJinping and communist China.. TaiwanIsaCountry

It looks so ugly! Will there be a market for this?

Then leave US & hv trade balance contracts with BRICS for bigger mkt access. vonderleyen Bundeskanzler EmmanuelMacron RishiSunak

There are a number of reasons why not to buy a Chinese car.

Chinese balloons are starting to bear fruits.

BYD is so strong now

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