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The key point here is that in China the sales dip is NOT because of the antics of their CEO (which is probably the case for the sales drop in Europe). The sales
by more_corn 1y ago
The key point here is that in China the sales dip is NOT because of the antics of their CEO (which is probably the case for the sales drop in Europe). The sales drop in China is due to robust competition from Chinese rivals. To be clear Chinese consumers find the Chinese cars a better car for the money. Which means the rest of the world is next. (Excepting any country that institutes protectionist tariffs to distort the economics)