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The Challenges for Ford and Volkswagen in China
In 2016, BMW and Ford were looking at 2021. And now we're almost into 2023. China might go full steam ahead with level four or five autonomous vehicles. Volkswagen brand has lost hundreds of thousands of units of volume per year for the last three or four years in sales. Their ID series is selling about 12 to 15,000 units a month across five products. These are the immediate challenges that Ford and Volkswagen have to really, really remedy and fix.