Part 2/13:
One of the most notable developments in this landscape is the increasing role of Chinese automakers and their integration into the global supply chain. Already, Chinese companies are remanufacturing and assembling vehicles within Europe, primarily to sidestep hefty tariffs and gain competitive advantage. Companies such as Volkswagen and other European giants are actively exploring or implementing manufacturing operations in China, leveraging significantly lower production costs—reports indicate that producing a car in China can be up to 50% cheaper than in Germany.