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The China syndrome
['Steve Bragg']
GoAutoNews Premium
Chinese brands are shipping full ranges across EV, plug-in hybrid, hybrid and petrol platforms, and Australia’s open, right-hand-drive market is a natural destination for that volume.
Chinese brands have grown from 9.0 per cent of the market to 25.8 per cent in four years.
Shorten stock ageing, stress-test values against incoming Chinese supply, and manage trade-in exposure more actively.
Invest in technician training, tooling and charging advice to support the technologies Chinese brands lead in.
China has moved from exporting cars to exporting a new market structure.