this post was submitted on 20 Jun 2024
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Automotive Industry

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Bank of America tells Detroit’s Big 3 they can’t make money in China and should just leave the hypercompetitive car market ‘as soon as they possibly can’ (fortune.com)
submitted 1 year ago by schizoidman@lemmy.ml to c/automotive@discuss.tchncs.de
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[–] HootinNHollerin@lemmy.world 13 points 1 year ago* (last edited 1 year ago)

For decades china forced western companies to turn over IP and manufacture in china. Then copy and duplicate to form their own. Return the favor.