Volkswagen CEO Oliver Blume told reporters that producing a majority of cars in Germany before exporting them all over the world "doesn't work anymore."

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[–] 10 points 11 months ago (2 children)

*Except for Porsche obviously. (Blume was the CEO of Porsche before VW group and would see the entire group closed to ensure some rich fucks get their crappy badly engineered 911)

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  • [–] 27 points 11 months ago (7 children)

    Chinese manufacturers can make cars in China too, easier an cheaper, especially after such 'technology transfer' (they learn a lot manufacturing for someone else). And then the western companies cry about 'unfair competition'.

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  • [–] 12 points 11 months ago (1 child)

    cheaper

    The funny thing is, I guarantee you right here and now that none of those cost savings will make it into the price of the final product.

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  • [–] 16 points 11 months ago (1 child)

    And Tesla already walked right into that one. They produced their cars in China, starting up an ecosystem for EV parts, and that gave dozens of new Chinese car manufacturers the means to start up to become cheaper and more innovative. Now Tesla's sales are dropping and dropping there.

    So of course Volkswagen is there to say "we can do that too".

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  • [–] 4 points 11 months ago

    Kinda of unfair. The Chinese government essentially mandated that cars needed to be built in China if OEMs wanted to sell cars in China, I doubt OEMs were willing to lose 40+% of their sales just because they didn't have factories in China.

    Of course it was a lose-lose situation, as they will just get their parts copied and lose market percentage.

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  • [–] 2 points 11 months ago
    2 comments in c/globalnews@lemmy.zip view that post
    [–] 7 points 11 months ago

    Great idea, "let's make cars exactly like our cheaper competitors, but charge more! I bet everyone will be happy to buy them"

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  • [–] 1 point 11 months ago

    Inb4 Xiaomi buyout

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