Sunday, June 23, 2024

Detroit Three automakers should exit China, leading analyst says

Detroit Three automakers should exit China, leading analyst saysNo one is ever going to come close to Toyota in many of those markets. Ranger, Everest, and Chinese imports allow Ford to take a sizable amount of market share with vehicle lines that will make a profit. If Ford tried introducing a subcompact sedan to fight the Vios, cheap 7-seat MPVs to fight the Avanza and Innova, it would lead to a financial disaster. Same thing that Hyundai is learning now.Sun, 23 Jun 2024 11:45:56 +0000

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