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Volkswagen’s China push now faces intensifying competition
The shift highlights how Volkswagen’s long reliance on China growth is being pressured by faster-moving Chinese automakers in multiple markets.
The New York Times Business traces how Volkswagen’s long push into China helped power its rise for decades, but the company now faces tougher competition as Chinese automakers expand both at home and abroad.
The article links Volkswagen’s current challenges to the fact that rivalry from Chinese producers has intensified across markets where Volkswagen sells, not only in China.
As competition grows, Volkswagen’s exposure to the dynamics of China’s auto industry has become a central factor in how the company’s troubles are playing out globally.