In the long run, Chinese car enterprises still have four development opportunities. “The automotive industry is highly competitive, but the laundry is fully accelerated. Over the past three years, 75 brands have been closed and converted, and in the next two to three years, it is conservatively anticipated that 60 to 70 per cent of brands will be closed and transferred. Only good, skilled, large and fast-moving top enterprises can survive and develop in intense market competition.” On 8 May, ...