Western carmakers warn the risks of Wipeout in China, Jeep owner Stellantis

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Western brands can not be a future in China, as local carmakers, the last remaining castle, which has liked the last remaining castle, warned the last castle.

Western Auto groups asked China to compete with local brands, Maxime Picat, Stellantis’s chief operative, the two internal candidates, two domestic candidates, but I am an optimistic son, but I’m not one. ”

Local brands received a significant market share from foreign carmakers in China, but larger vehicles and larger vehicles segments TOYOTA Volkswagen still sells large volume of large gasoline machines known as the C-Segment.

“I’m shocked,” he said. This means that Western carmakers remain in the c-segment of the internal combustion engine. And this will not continue. “

“If you look at what happened in recent years, the trend (market share) is strong and it was very difficult to protect their position in China from the West.”

Many Western companies, including Stellantis, gradually competitive and red price war, German manufacturers, as German manufacturers, have increased twice a market in a market.

Volkswagen, Toyota and other foreign brands, “China for China”, accepted the strategy to win consumers from homeowners and technological electric vehicles. Last year, VW announced an investment of 2.5 billion euros in China.

The market share of foreign brands in China in China was less than half of 64 percent in 32 percent in the first two months of this year and 64 percent in 2020.

However, Volkswagen and Toyota, still 34 percent are the best two manufacturers of gasoline vehicles in China with a combined market share.

After leaving their enterprises in China, the owner of Stellantis – Peugeot, Fiat, Opel and other brands – 20 percent to 1.5 billion euros and helps to go on sale in China and Europe.

To explore the loyalty of the Chinese market, VW, EU’s vocal critic of EU subsidy tariffs in China’s home imports – as little exposure to the Chinese market, for example of the German market, for example

Picat, along with the North Boss Antonio Philos, as two domestic candidates, after the conflict of strategy, Carlos Tavares, who left Stellantis, appeared as two internal candidates.

He asked about the plan to find a replacement for Tavares: “The Board has started a very comprehensive process that is important.