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Beijing Hyundai General Manager: Some car companies rely on patriotism to sell cars, which is very harmful to the industry

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.

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