Quote:
Originally Posted by Skybird
After VW and Audi, now Ford Germany hits rock bottom, and has announced it will go to short-time work. The production of several e-car models is to be stopped compeletly.
Mercedes and BMW are in troubles as well, so is Porsche. All six suffer from the same vulnerabilies: they wanted to go all-exclucively e-car early. But Germans now almost boycott e.cars, every third to every fourth e-customer says he would, never buy an e-car again, that bad and costly the experiences are. German-made e-cars are way too costly for the German average consumer market. Owner wanting to sell their used e-car get hit by enormous value losses surpassing anything you are used to from conventional cars - if they find buyers, many professional car traders refuse to buy used ecars anymore. Repairs and maintenace services are extremely cost-heavy. On the Chinese market all German brands have completely missed and ignored the demands for features and luxury typical for the Chinese taste - even Mercedes.
If they do not go back to conventional cars, that was it for the German car industry. They underestimated the Japanese when they arrived with their first Toyotas in the 70s. They now underestimate again the Chinese. We know how the story with Toyota ended. If I would need to buy a car, it would likely be a Toyota. And certainly no German brand at all - zu zickig.
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All German car brands got great deals from the Chinese government to build car manufactories in China after a couple of years they copied the German car manufacture and invested big in it result the Chinese harbors are packet to the full of cars ready to flood world markets cheap. Even with a 100% tariff, they still affordable for middle class people.