Quote:
Originally Posted by gblansten
My comment was just based on the fact that VW's largest market was China and that their sales and profits there are dramatically declining and, I believe, unlikely to improve. Thus, along with their other myriad of problems and their overall debt, will put them at risk for bankruptcy in the next few years.
https://www.reuters.com/business/aut...is-2024-09-06/
I'm trying to stay away from more direct political remarks and just post about my concerns for legacy auto and, a fortiori, VW. |
I haven't done the research, but isn't China BMW's biggest market as well? I think a lot of auto makers are going to be in trouble with Chinese domestic products being chosen over the historically sought after import brands.