Western carmakers face existential threat as Chinese rivals surge ahead

Western carmakers face existential threat as Chinese rivals surge ahead

After the current crisis, it is difficult to give the right answer in which direction everything will go. It seems that the big car companies are facing huge challenges, aware that they have a difficult period ahead of them. However, how will he manage in the end? Large Western carmakers, including German car giants, are falling dangerously behind their Asian competitors, and some could be forced to close their doors in the long term, according …