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by Rinzler89
801 days ago
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>even if smart looses money, selling cheap 1. Smart are anything BUT cheap hence the low sales and the losses. 2. The losses are quoted were before the Geely partnership. >They got a productive car industry. Like it exists in France or Germany. The question is which is more productive, the Chinese one, or the German/EU one. |
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The price is irrelevant to the benefits they provide in the eyes of EU regulations. You can not look at the 4 Billion in losses while ignoring European laws. Pure luxury car makers are near impossible to operate. Which is why Aston Martin bought a cheap Toyota design to make into a small city car.
>2. The losses are quoted were before the Geely partnership.
And? Mercedes lost exactly the same amount of money the Chinese did. In no way is this more of a loss for China than it is for Germany.
>The question is which is more productive, the Chinese one, or the German/EU one.
The Chinese has massive advantage when it comes to the cost of materials, energy and labor which is why near identical cars there are insanely cheap. If you consider as an output of the car industry also the social benefits, then obviously German car companies are a great place to work, especially compared with conditions in China.