China has declared war on the Western automotive sector. This is also one of the reasons for Germany's deep crisis, the refusal to recognize reality, to correct the terrible mistakes in energy policy and regulation.
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0 sats \ 0 replies \ @OT 6 Jan
They were happy paying around a 30% premium on German cars not too long ago.
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0 sats \ 1 reply \ @Satosora 6 Jan
China has tried to do this so many times before.
Once their production goes down, they will have to sell instead of hoard.
Their economy cant take it.
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0 sats \ 0 replies \ @nym 6 Jan
Yea similar playbook as last time
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