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Why carmaker survival belongs in the buying decision
Episode 9227
Published 2 days, 1 hour ago
Description
Chery is on track for nearly $4 billion in profit this year, based on its first-half result.
I explain how overseas buyers are supporting that profitability while much of China's car industry loses money.
Then I connect the factory surplus and rising development costs to the question every buyer faces: who will still be there to honour the warranty?