German Car Industry Could Be Sold To Сhina

Maksim Oreshkin, the economic advisor to Russian President Vladimir Putin, said that the German car industry could be sold to China and cease to be European cars.

The top economic advisor to Russian President Vladimir Putin, Maksim Oreshkin, told Expert magazine in an interview that was published on Tuesday that China is quickly gaining market capitalization in the global auto industry while European automakers are becoming less competitive.

It is not good news for European automakers...

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