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Editor’s note: we have noticed that, accompanying the surge growth of China’s auto industry since 2002, arguments over whether China’s auto industry is in overcapacity have lasted for a long time. Recently, Bernd Pischetsieder, chairman of VW Group, made a speech in which he said his company will invest a large sum of money in China’s auto market while keeping prudent in talking about Chinese market. His speech has deepened the argument. Conclusions made by many world-famous consultancy companies are: China’s auto market is no doubt
Editor’s note: we have noticed that, accompanying the surge growth of China’s auto industry since 2002, arguments over whether China’s auto industry is in overcapacity have lasted for a long time. Recently, Bernd Pischetsieder, chairman of VW Group, made a speech in which He said his company will invest a large sum of money in China’s auto market while keeping prudent in talking about Chinese market. His speech has deepened the argument. Conclusions made by many world-famous consultancy companies are: China’s auto market is no doubt