Part 4/8:
As the tide of Chinese vehicles rises, established brands like GM, Ford, and others face increasing pressure. The traditional giants that once seemed invulnerable are now scrambling. Dunn notes that the rapid advancements made by Chinese automakers—and their growing market share—pose a real existential threat. He cites headlines about Volkswagen closing plants and GM reporting significant losses, indicating that the status quo is rapidly unraveling.
He warns North American and European automakers not to fall asleep on the competition they currently do not see on their roads. While coffee shops and theme parks may not have these vehicles, Chinese car brands are penetrating markets worldwide, preparing to attack when the time is right.