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Citi Identifies European Automotive Values that Are Less Vulnerable to China
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IN 30 SECONDS What happened? Citi has identified the values of European automotive that are less vulnerable to Chinese competition: Ferrari, Porsche, Mercedes-Benz, BMW and Audi, branded by Volkswagen. Who is behind it? The US bank Citi analyzes the advance of Chinese brands, which sold more than 600,000 vehicles in Europe during the first semester. What impact does it have? The European sector falls by 16% in 2026, but Citi sees potential bulld…
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