Dear reader,
Some of the nation’s auto plants are currently on vacation, and many others are about to have their free time. Apart from the incoming orders, the summer slump in the industry is canceled.
In China, Volkswagen is turning its strategy inside out, more on that later. In Germany, the Chinese competitors are attacking – now also with low prices. If they didn’t initially want to sell their models below value, BYD and Great Wall are now offering leasing rates from 199 euros a month for the Atto 3 or even 149 euros for Ora’s Funky Cat.
First Tesla lowers the prices, then the first German providers, now the Chinese: the fight on the electronics market is getting tougher.
These are our other topics of the week:
How Transport Minister Volker Wissing became a national attraction
What ex-Volkswagen boss Martin Winterkorn does to pass the time
What customers of the insolvent e-bike manufacturer Vanmoof need to know now