Amid a relentless price war in the EV market, Chinese automaker BYD is considering leveraging its luxury brands like Denza and Fang Cheng Bao to improve profit margins. The German economic model faces a new threat dubbed 'China Shock 2.0' as corporate interests diverge. Germany's largest economy is grappling with economic challenges and political instability, lacking a clear strategy for recovery. Stellantis CEO warns of tough decisions ahead due to Chinese car manufacturing in Italy impacting the industry. European automakers are feeling the pressure from Chinese competition, with German corporations experiencing distress amid slower economic growth.
"#China’s domestic market is experiencing a fierce price war bt legacy carmakers & newer rivals such as #BYD & #Tesla...Analysts said #VW had lowered its prices to retain market share, which the carmaker called “customary & time-limited marketing measures” https://t.co/QnWDkfbcqY
Germany’s economy is in deep trouble – and the EU is looking on nervously 📧 Read @HamishMcRae5’s latest newsletter https://t.co/eP9m1ucmIz
German corporate distress rises as the economy faces slower growth https://t.co/S8XXyunkHg via @ManySundays https://t.co/mb93yyk5qS
My new Capitolism @TheDispatch laments that almost everyone talking about "China Shock 2.0" (including US Treasury Secretary Yellen) is mischaracterizing China Shock 1.0 - and why that's a problem for policy today: "Getting the ‘China Shock’ Right' https://t.co/U4lR6K3xr4
Europe’s automakers are reeling from a Chinese threat. https://t.co/DDV0w72ejQ
Chinese car manufacturing in Italy could force tough decisions, says Stellantis CEO https://t.co/GHT5dbNJ9B https://t.co/3Iv1TIv2Of
Economic troubles are coming to Germany, Europe’s largest economy, at a time of domestic political weakness when the country lacks a coherent plan to restore its former economic strength. | Desmond Lachman https://t.co/mDaZU0apC5
Heard on the Street: “China Shock 2.0” is the latest threat to the beleaguered German economic model. Unlike the 2000s, the country’s corporate interests are no longer aligned, writes @jonsindreu https://t.co/0WVFpHOGnK https://t.co/0WVFpHOGnK
Amid a relentless EV price war, China's BYD may have no choice but to turn to its luxury brands like Denza and Fang Cheng Bao to boost profit margins. https://t.co/XavSIsidWE