Volkswagen faces severe challenges in China, with falling sales, political missteps, and competition from local brands. BYD's rise and state subsidies have pressured VW's market share. VW's plant in Xinjiang remains controversial and unproductive. Tariffs on Chinese-made EVs further dent VW's European market prospects. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
