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GlobalizationChina

Why big automakers are losing China

16:15

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Steven Beardsley
October 30, 2023

They were once top sellers in China. Now the likes of Volkswagen, Toyota and Honda are losing ground to a new generation of Chinese carmakers. What happened?

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Image: Waldemar Thaut/PantherMedia/imago imagesImage: Waldemar Thaut/PantherMedia/imago images

Business Beyond — going beyond the headlines

The global economy, explained. Business Beyond dives into the most relevant cross-border business stories of today, unraveling economic threads, from trade wars to the global race for AI dominance.

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