Doomsday for China’s Auto Giants! BYD and Others Owe Trillions, Millions of Cars Abandoned (opens in new tab)

China’s car industry is going through a historic structural decline\. Domestic demand is shrinking, production capacity is oversupplied, competition is fierce, and overseas markets are proving difficult\. Negative news is piling up\. Let’s look at the latest numbers\. Join this channel to get access to perks: \#chinaobserver All rights reserved\. ⭐You can support us at: ⭐For business cooperation, please contact us: business@chinaobserver\.co