German carmakers are placing a risky bet on China
Volkswagen, BMW and Mercedes-Benz have announced further investments in China, a market that has changed rapidly to their disadvantage. In their latest comment piece on German car makers’ risky bet in China, MERICS Analysts Alexander Brown and Andreas Mischer argue that “the tide appears to have turned against German carmakers in China. Nevertheless, German car companies have doubled down on the world’s biggest car market, almost the size of the US and Europe combined, by announcing hefty new investments in 2024.”
