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rsynnotttoday at 5:15 PM2 repliesview on HN

Which should in itself tell you that VW can compete on price if it has to.


Replies

nxmtoday at 8:54 PM

VW is too slow and bureaucratic to compete with China

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joe_mambatoday at 5:17 PM

I never said they can't sell in China. My question with this was if they can maintain the same levels of profitability they enjoyed during the ICE glory days, as a lot of EU economies are dependent on the profitability of the auto sector. If profits slump, then so will the lives of a lot of working class Europeans. Keep in mind the auto sector used the be the biggest R&D spender in EU.

Some companies accept a profit loss in some markets compensated by the profit gains in others in the interest of capturing a growing market so this might distort VW's success in China.