Philipp Raasch wrote a piece for Focus this AM....suggesting a takeover of VW....by China's BYD.
Three observations.
First, Raasch is a competent economist (not a VW official or politician). He is correct....VW is in serious jeopardy.
Second, as much as the union thinks they are 'helping' VW....they are probably simply delaying this purchase in the end....where it's it the only fix-it-scenario left.
Third, if VW is bought....I don't see how Mercedes, Opel, or BMW survive long-term.
Now, if you asked me....how faithful are Germans to VW (over BYD)? I'd say more than 80-percent won't buy a BYD product.....but if BYD bought VW and renamed themselves VWB....that might convince them to stay with the product.
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