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At least I hope they leave the corporate culture baggage that has ruined the German car industry behind and do not transplant it into other companies. In which

by emsign 2mo ago

At least I hope they leave the corporate culture baggage that has ruined the German car industry behind and do not transplant it into other companies. In which you stick to your old guns and hope that politics protects you with tariffs against any future developments from international competitors on the car market. (It failed. Now the Chinese make better cars than the Germans.)

inigyou 2mo ago
There is no chance that they will leave it behind.
nxm 2mo ago
[flagged]
- chewz 2mo ago
  If by heavy subsidies you mean - encouraging internal competition, securing cheap energy and educating thousands of engineers then yes, Chinese cars are subsidized. If by heavy subsidies you mean pocketing 150 billions of dollars from EU R&D budget for innovation that have never happened then no, Chinese cars manufacturers are not subsidized.
  - illiac786 2mo ago
    I‘m interested in reading about the 150 billions. Do you have a good source?
    - chewz 2mo ago
      https://www.mckinsey.com.br/features/mckinsey-center-for-future-mobility/our-insights/a-new-era-an-action-plan-for-the-european-automotive-industry https://www.mckinsey.com.br/features/mckinsey-center-for-fut...
      - illiac786 2mo ago
        > European OEMs and major suppliers have spent nearly €150 billion annually,12 split roughly equally between R&D and capital investments. Really not what the previous comment said.
- Johanx64 2mo ago
  > Thanks to heavy subsidization of the industry by Chinese government to gain an competitive advantage. You can't have a functional government that serves the interests of it's people and enables the country to dominate increasingly more sectors! It's basically cheating! The government has to be dysfunctional, and should only collect disproportionate taxes with the idea that they'd be wasted extremely inefficiently.... on god knows what, some bullshit, some "social programmes" and "culture" and the dumbest things imaginable - whatever they might be, but not anything that's actually ... you know good for the country!
CrimsonRain 2mo ago
No chance. Hiring these people will be toxic for any companies.

by emsign 2mo ago

inigyou 2mo ago

There is no chance that they will leave it behind.

nxm 2mo ago

[flagged]

chewz 2mo ago
If by heavy subsidies you mean - encouraging internal competition, securing cheap energy and educating thousands of engineers then yes, Chinese cars are subsidized. If by heavy subsidies you mean pocketing 150 billions of dollars from EU R&D budget for innovation that have never happened then no, Chinese cars manufacturers are not subsidized.
- illiac786 2mo ago
  I‘m interested in reading about the 150 billions. Do you have a good source?
  - chewz 2mo ago
    https://www.mckinsey.com.br/features/mckinsey-center-for-future-mobility/our-insights/a-new-era-an-action-plan-for-the-european-automotive-industry https://www.mckinsey.com.br/features/mckinsey-center-for-fut...
    - illiac786 2mo ago
      > European OEMs and major suppliers have spent nearly €150 billion annually,12 split roughly equally between R&D and capital investments. Really not what the previous comment said.
Johanx64 2mo ago
> Thanks to heavy subsidization of the industry by Chinese government to gain an competitive advantage. You can't have a functional government that serves the interests of it's people and enables the country to dominate increasingly more sectors! It's basically cheating! The government has to be dysfunctional, and should only collect disproportionate taxes with the idea that they'd be wasted extremely inefficiently.... on god knows what, some bullshit, some "social programmes" and "culture" and the dumbest things imaginable - whatever they might be, but not anything that's actually ... you know good for the country!

CrimsonRain 2mo ago

No chance. Hiring these people will be toxic for any companies.