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Their market share in China keeps increasing. Europe market shares are stagnating because they don't have local production capacity (Berlin plant is coming onli
by rcMgD2BwE72F 5y ago
Their market share in China keeps increasing. Europe market shares are stagnating because they don't have local production capacity (Berlin plant is coming online later this year). They had to export MIC cars to Europe only to maintain some sales. US demand is off the charts and it makes no sense to sell US cars in Europe if the US market wants them now (especially as the US market is extremely tight).
You can use sales as an indicator of success if they are still production constrained. Read the report, it's well explained.