Automotive Industry
copacetic
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1mo ago
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100%
Are car needs diverging?
The narrative seems to be that cheap Chinese cars threaten the rest of the worlds automotive industry.
A slightly different hypothesis: Car needs are increasingly different between regions. To exaggerate it: US wants huge pickups, Germany wants fast sedans, China wants cars with entertainment in traffic jams. Since manufacturers are heavily influenced by their home country, they do worse elsewhere now.
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