Domestic competitors aren’t producing affordable vehicles. They are producing oversize, overweight, overcomplicated, overpriced crap.
They aren’t competitive primarily because they are focused on a low-volume, high-margin luxury market, and avoiding the high-volume, low-margin utilitarian market. It is their abandonment of that market that provided China with the opportunity to corner it.
Domestic competitors aren’t producing affordable vehicles. They are producing oversize, overweight, overcomplicated, overpriced crap.
They aren’t competitive primarily because they are focused on a low-volume, high-margin luxury market, and avoiding the high-volume, low-margin utilitarian market. It is their abandonment of that market that provided China with the opportunity to corner it.