The trade war between the world’s major economies continues as the European Union imposed new and higher import duties on Chinese electric cars on Friday despite German opposition.
Car journalist Karl-Eduard Salumäe believes that the life of German manufacturers will also become much more difficult in the future, but not necessarily only because of the Chinese Communist Party.
“In China, the charm of buying an exotic country car has waned,” explained Salumäe in the “Äripää opinion leader” program. So, although the direct damage is that it will inevitably become more difficult and more expensive to operate in China, which was a very important market for German car manufacturers, the demand in the market is no longer what it used to be.
“The German car industry has lost its momentum, and not only to the Chinese. The meaning of German quality in the world of engines is no longer what it used to be,” added Salumäe.
At the same time, he does not tend to confirm the triumph of the Chinese auto industry, contrary to the grand narrative. In fact, he is somewhat skeptical about it.
“I also recommend reading more comprehensive and demanding reviews and tests,” he said about the alleged superiority of Chinese electric cars.
In the interview, Salumäe explained why and what people have been wrong about for 20 years, when they have declared the triumph of the Chinese car industry, who is really the number one car industry in the world, and what will become of the electric revolution in the car world, which has stumbled on so many stones in recent years.
Indrek Lepik asked.
Karl-Eduard Salumäe: German quality is no longer what it used to be
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Source: www.aripaev.ee
