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January 13th, 2023 08:38 PM #1
They are going the way of korean cars, introductory pricing and then fool themselves that they are now ripe for an alignment of prices based on their overwhelming sales.
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January 14th, 2023 09:01 AM #2
The Chinese brands are in the same position as the Korean Brands in the late 90s early 20s
Undercutting everyone in price to set a foothold in the market. Once they have set a foothold in the market, they equalize their prices with everyone on the assumption that the quality of their offerings is equal with maybe more features and better styling
But just like the Koreans, not all will survive. Daewoo is gone and Saangyong is basically non existent.
As expected, in response to Tesla’s entry into the Philippines market, Ford will be bringing in the...
Tesla Philippines