Why the big car companies are losing China | Business Beyond
October 6, 2023
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16:12Now PlayingWhy the big car companies are losing China | Business Beyond
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as posted by the channelBig carmakers like Volkswagen and Toyota were once top sellers in China. Now they’re rapidly losing ground to a new generation of Chinese companies luring local buyers with advanced – and affordable – electric vehicles. Business Beyond looks at what legacy carmakers got wrong, what Beijing got right and how the next few years could reshuffle the global car industry.
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