Beijing Hyundai General Manager: Some car companies rely on patriotism to sell cars, which is very harmful to the industry
Hawk_Finance
2024-06-18 17:03:30
2.97W
Share to:
Collect
Hot List Ranking
- Aston Martin announces global job cuts of around 5%, expects to save £25 millionHawk News
- Mercedes-Benz China starts layoff plan: the ratio is about 15%, compensation N+9Hawk News
- Nissan plans to replace CEO due to poor performance and breakdown of merger talks with HondaHawk News
- TSMC invests an additional $100 billion in the United States, setting a record for the largest foreign investment in U.S. historyHawk News
- Li Ka-shing sells off most of his global port operations, retaining his Chinese businessHawk News
At the 16th China Automobile Blue Book Forum, Wu Zhoutao, director and permanent deputy general manager of Beijing Hyundai, said that there is indeed excessive competition in the automobile market now. If the industry development is healthy competition, it will be a process of good money driving out bad money. But if It is excessive competition, and the market may be a process in which bad money drives out good money.
He pointed out that currently, there are some unreasonable competition behaviors in the automobile market. For example, relying on subsidy policies, squeezing suppliers, passing off inferior products, or even some false propaganda on the marketing side to deceive consumers, relying on trolls and Internet celebrities to attack competitors, and selling patriotic sentiments to kidnap consumers. In fact, these are very harmful to the development of the entire industry, and it is also an unreasonable competitive behavior that we need to stop.
·Original
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
Guess what you like