BofA argues GM, Ford, and Stellantis either face a future of funding continued losses in China or they can redeploy resources to finally become competitive with Tesla. But they can’t do both.
Imagine wasting generations of state aid while saying China can’t build quality only to be punked and having to beg government if for more transfers from taxpayers.
Imagine wasting generations of state aid while saying China can’t build quality only to be punked and having to beg government if for more transfers from taxpayers.
Pathetic