German carmakers have come under intense pressure from local competitors in China in recent years, with worldwide sales and profits suffering amid their slump in China.

cross-posted from: https://lemmy.zip/post/53793462

Volkswagen CEO Oliver Blume told reporters that producing a majority of cars in Germany before exporting them all over the world “doesn’t work anymore.”

  • axh@lemmy.worldEnglish
    7·
    3 days ago

    Great idea, “let’s make cars exactly like our cheaper competitors, but charge more! I bet everyone will be happy to buy them”