How Chinese engineering will affect the European car industry

I’ve got a new Chinese-brand stereo amplifier at home. There’s probably company in which one wouldn’t admit that, but I did have a British-brand amp before, talking to a couple of British-brand speakers. Then the amp gave out terminally and I wanted a replacement cheap and now, so I went to Amazon. I’m genuinely not proud. I wasn’t expecting much, but I didn’t need much.

Anyway, it’s the Geneva motor show next week, and chatting to some industry colleagues while on a job the other day, one said that Renault was basically the only major manufacturer that would be there. Now, while it’s true that Geneva won’t be as well attended or important as it was pre-Covid, that might be news to China’s MG, which sells quite a lot of cars, and to BYD, which sells more than three million of them per year. If they’re not major manufacturers, I don’t know who is.

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European stocks extend gains; UK retail sales better than expected; NatWest up 7% after profit beatEuropean stock markets were higher Friday, rounding off a solid week.
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European markets lower as sentiment struggles; Barclays rises on earningsEuropean stocks were lower Tuesday as sentiment struggles to pick up in global markets.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »