You are viewing a single comment's thread from:

RE: LeoThread 2025-01-12 05:27

in LeoFinance3 days ago

Part 6/11:

As Chinese automotive brands make inroads across global markets, established brands like GM, Ford, and various European automakers have started manufacturing in China and exporting to other nations. Reports indicate that last year alone, companies exported millions of vehicles from Chinese factories to markets around the world, far outpacing their Japanese competitors.

Furthermore, even companies traditionally rooted in specific regions, such as Honda and Nissan, are now looking to China to fulfill their production needs, leading to fears of self-cannibalization of their markets.

Efficiency and Innovation as Key Drivers