Part 5/10:
As the situation in China unfolds, legacy automakers in Europe and North America are beginning to feel the impact. With Chinese automakers aggressively expanding into markets like Mexico, Australia, and beyond, companies like GM and Ford face the prospect of losing substantial market share. Historically, these brands relied on the lucrative Chinese market for profits. However, their retreat from various global markets, coupled with their inability to adapt to new consumer demands, signals a precarious future.