Great Wall responds to BYD's card-playing theory: If someone is cheating in the auto market, we must stand up and expose it
On June 20, at the launch conference of the new generation Haval H6, Great Wall Motors CGO Li Ruifeng said that the market competition in the automobile industry is like playing cards at the table together. If you can't keep up, you can shout "pass", but if someone on the table "out" "Crooks", the Great Wall will issue an early warning and stand up to "knock on the table" or even "turn over the table."
He also said that sticking to the bottom line, guarding conscience, and creating the highest quality Chinese automobile business card is what Chinese automobile brands should do together. This move was suspected to be in response to BYD's previous remarks.
It is reported that Li Yunfei, general manager of BYD's public relations, also likened competition in the auto market to "playing cards": one should act within one's ability and should not get angry or break the rules because of temporary gains and losses. "Someone has played a card. If you can follow, just follow. If you can't, just pass. Don't get angry or turn over the table, because there is still another round."
Hawk_Finance 06-20
BYD/GreatWall