Morgan Stanley asks: Can China save the European and American automotive industry?
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In the latest research report, Morgan Stanley stated: Chinese automotive companies are successfully entering the European automotive industry, primarily based on three core reasons: (a) the quality of the automotive products themselves is outstanding; (b) the prices are competitive; (c) the technologies equipped are more aligned with current market demands. The report suggests that traditional automakers could create a win-win situation if they cautiously establish partnerships with Chinese companies. At the same time, this model also provides a reference for automakers in Detroit, USA. (Chasing Wind Trading Desk)
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