Why the big car companies are losing China | Business Beyond

Big carmakers like Volkswagen and Toyota were once top sellers in China. Now they’re rapidly losing ground to a new generation of Chinese companies luring local buyers with advanced – and affordable – electric vehicles. Business Beyond looks at what legacy carmakers got wrong, what Beijing got right and how the next few years could reshuffle the global car industry. Chapters: 00:00 Introduction 01:20 ‘Nobody thought of China’ 04:41 New tech, new chance for Beijing 07:17 The Tesla effect 09:37 Don’t forget karaoke! 12:55 Price war 13:43 Made in China, sold worldwide Subscribe: https://www.youtube.com/user/deutsche... For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Facebook:   / deutschewellenews   ►Twitter:   / dwnews   ►Instagram:   / dwnews   ►Twitch:   / dwnews_hangout   Für Videos in deutscher Sprache besuchen Sie:    / dwdeutsch   #VW #China #business