Honda CEO Toshihiro Mibe issued this blunt assessment after a visit to a Shanghai auto supplier factory operated by a major Chinese parts manufacturer.
They’re probably angling for more restrictions on Chinese cars in the US/Japan. Then they can enjoy their monopoly over the domestic market without having to actually invest anything to actually compete with Chinese auto companies
They’re probably angling for more restrictions on Chinese cars in the US/Japan. Then they can enjoy their monopoly over the domestic market without having to actually invest anything to actually compete with Chinese auto companies