2023-10-12 20:26:43
The new editor-in-chief of the American newspaper “Wall Street Journal” is said to have warned that the German auto industry does not want to become the media industry. Even if this swansong is probably a bit hasty, it is a clear warning for your own portfolio: If the reputation of German manufacturers abroad is already so tarnished, it is advisable to take a thorough look at the challengers.
Gustav Theile
Business correspondent for China based in Shanghai.
The most important of these, as the most recent EU investigation into China’s electric car subsidies shows, now come from the People’s Republic. Tesla has made the electric car popular all over the world. In the bow wave, the Chinese manufacturers have now conquered the domestic market and are now preparing to establish themselves globally. Tesla boss Elon Musk himself described Chinese car manufacturers as the most competitive this week. However, anyone who wants to benefit from this rise in their own portfolio should not make the mistake of lumping the manufacturers together. Some companies have large market shares and are comparatively safe investments, others are speculative investments – with great potential in both directions.
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