| ▲ | alephnerd an hour ago | |
> Audi, Porsche Both are part of VW Group and have seen marketshare fall as well due to tariffs as well as China cutting down on foreign luxury brands in favor of domestic ones. Barely 5 years ago a black Audi A8 was the go-to VIP car in China. > BMW and Mercedes (Daimler Grouo) They will survive, but they also made sure to diversify beyond China and the US, which VW never did which is why they are so screwed. > I've got nothing against EVs... But don't be an ideological idiot about it: don't kill your main industry while handing the keys of the kingdown to China. The shift was way too quick... Also 1. Don't have half of your production depend on the mercy of two SOEs (FAW and SAIC) who are trying to build indigenous competitors. 2. Diversify markets - America and China don't want to buy "Made in Europe" cars anymore. Mercedes and BMW made sure they were status symbols in multiple markets the same way VW's Audi and Porsche never could. 3. Don't let other countries have veto power within your largest conglomerates - Qatar has veto power and 17% of all voting shares in Volkswagen Group | ||