| ▲ | rsynnott 2 days ago | |||||||
Which should in itself tell you that VW can compete on price if it has to. | ||||||||
| ▲ | joe_mamba 2 days ago | parent | next [-] | |||||||
I never said they can't sell in China. My question with this was if they can maintain the same levels of profitability they enjoyed during the ICE glory days, as a lot of EU economies are dependent on the profitability of the auto sector. If profits slump, then so will the lives of a lot of working class Europeans. Keep in mind the auto sector used the be the biggest R&D spender in EU. Some companies accept a profit loss in some markets compensated by the profit gains in others in the interest of capturing a growing market so this might distort VW's success in China. | ||||||||
| ▲ | nxm a day ago | parent | prev [-] | |||||||
VW is too slow and bureaucratic to compete with China | ||||||||
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