“Complex global challenges can only be solved by working together,” Zipse told Reuters. “With his trip to China, the chancellor is sending a strong signal for dialogue and cooperation.”
“Those who close their minds to China’s enormous market and innovation potential are missing out on great opportunities for global growth and economic success.”
Cars, car lifestyles and car urbanism are incompatible with sustainability.
Carmakers need to stop sabotaging themselves to compete.
“Those who close their minds to China’s enormous market and innovation potential are missing out on great opportunities for global growth and economic success.”
Haha! We don’t close our “minds to China’s enormous markets and innovation potential” but simply understood that China itself is not interested in fostering foreign car makers on their domestic market in anything beyond short term but only wants to further milk them right now until they can produce it themselves.
Business in China is on borrowed time and anyone that can plan for more than three years should minimise dependencies and exposure on that market as fast as possible.
But obviously that’s something neither China nor managers solely interested in short term profits and stock markets want to hear right now. So we’ll keep on reading stories like these.