Sergio Marchionne Warns Auto Industry About China
FIAT/Chrysler CEO warns the “Big Three” automotive manufactureres not to underestimate China.
“If anyone deludes themselves that they can ignore China, they will pay a huge price. China’s auto industry has grown tremendously, and they have some of the most updated current technology. They should not be underestimated. We cannot afford to be unprepared for the ascent of China, reassuring ourselves of our invincibility.”
Source: Paul Tan’s Automotive News
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