Legacy Carmakers Seen Losing Mass Market to Chinese Rivals

(bloomberg.com)

5 points | by toomuchtodo 4 hours ago ago

4 comments

  • verdverm an hour ago ago

    Fundamentally, legacy carmarkers are interested in high margin products while the public would like much cheaper options, often fully electric. A new entrant is building the products they want and wrecking the dinosaurs, a tale old as industrialization.

  • vegnus 4 hours ago ago

    Free market

    • verdverm an hour ago ago

      unfettered capitalism eventually immolates if not reined in

  • toomuchtodo 4 hours ago ago