Sergio Marchionne, who is also the CEO of both Fiat and Chrysler companies, warned some Western automakers that exports from China will jeopardize their prospects. Some traders believe that this timing was chosen to influence his negotiations with U.S. trade unions. But in fact, when we read this, we should regard Marchionne as a visionary insider.
Right now, Western automakers are easily complacent because they don't see any Chinese-made cars on the roads in the United States and Western Europe. Although according to the data from the China Industry Association, the total volume of cars produced in China today is close to the sum of Japan, the United States, and Germany, but a significant portion of these cars are low-end vehicles. In 2010, China exported a total of 544,900 vehicles, many of which were commercial vehicles. The average price per car is less than $6,000. The most imported brands in China are expensive Mercedes and BMW cars. China imports more cars than exports.
However, this completely deviates from the focus. Thanks to the important technology transfer through joint ventures and acquisitions, coupled with the huge domestic market, not to mention the consistent labor cost advantage, China will soon become a terrible car exporter. In hot areas such as electric vehicles, China is already at the cutting edge. As for its development prospects, it is known to review the history - just a few decades ago, cars were rare in China. Judging from the progress it has made so far, the Marchionne prophecy is not sensational. (According to the "Financial Times" article comprehensive analysis and analysis)
Right now, Western automakers are easily complacent because they don't see any Chinese-made cars on the roads in the United States and Western Europe. Although according to the data from the China Industry Association, the total volume of cars produced in China today is close to the sum of Japan, the United States, and Germany, but a significant portion of these cars are low-end vehicles. In 2010, China exported a total of 544,900 vehicles, many of which were commercial vehicles. The average price per car is less than $6,000. The most imported brands in China are expensive Mercedes and BMW cars. China imports more cars than exports.
However, this completely deviates from the focus. Thanks to the important technology transfer through joint ventures and acquisitions, coupled with the huge domestic market, not to mention the consistent labor cost advantage, China will soon become a terrible car exporter. In hot areas such as electric vehicles, China is already at the cutting edge. As for its development prospects, it is known to review the history - just a few decades ago, cars were rare in China. Judging from the progress it has made so far, the Marchionne prophecy is not sensational. (According to the "Financial Times" article comprehensive analysis and analysis)
land rover tail light, land rover rear light, range rover tail light, range rover rear lights
PNP Car Light & MAYLERESCAPE LIMITED , https://www.pnpcarheadlights.com