Thursday, April 13, 2017

America first

Every country should put their benefits first (Trump's America first for example). No exception for China, USA...

Every company makes the same decision. What profit margins and financial shape F, GM and many other car companies would be without China? GM could be bankrupted without China.

China BYD can compete as the only important technology is battery - no need for gas engine and transmission. Foreign car companies make big profits with high end offerings while the low-end Chinese products are thin in profits. It will change in several years esp. after China acquired Volvo to provide them the above key technologies for cars.

No comments:

Post a Comment