China’s Global Car “Blitzkrieg”: 6 Million Exports Set to Shake the Auto Industry

Ford Motor CEO Jim Farley recently returned from one of his regular visits to China and warned his team at the company’s headquarters in Dearborn, Michigan, that the venerable automaker faces an “existential threat” from Chinese automakers.

Farley should be worried, according to Michael Dunne, one of the world’s leading Chinese automotive market analysts. Dunne warned in the latest edition of his popular newsletter that Chinese auto brands, many of which are state-owned, are now “upending decades of stable market shares and profits” by flooding the market with millions of high-quality, low-priced vehicles:

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by Eric Olander

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