European carmakers must switch lanes as they step on the pedal for the world’s next billion motorists
· livemint.com
While EU automakers have been chasing Chinese customers, other emerging markets lie largely untapped. Mercedes-Benz, BMW and Volkswagen should look beyond that nearly saturated market towards regions like India, Latin America, North Africa and underexplored parts of Asia.
Instead, they are sticking with what they did best five years ago. In Brazil, Stellantis will focus on defending its market share in petrol-powered entry-level ...