Listen to “AAH #707 – Crisis at Hand: China’s Strategy for Global Domination” on Spreaker.
– AlixPartners estimates Chinese OEMs & Tier suppliers have a 35% cost advantage. Unless legacy automakers reinvent themselves they’ll go extinct. Here’s what they have to do to overcome China’s advantage.
PANEL:
Mark Wakefield, AlixPartners
Keith Naughton, Bloomberg
Gary Vasilash, shinymetalboxes.net
John McElroy, Autoline.tv
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your guest says “so what” …9-9-6 ? that’s forced labour. 12 hour days work here for a while and at great cost in overtime. Not everyne can or will work those kinds of hours.
BORING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Great show once again! Did Alix state that 1/3 of vehicle production will be from Chinese based automakers by 2030? Just want to make sure I have that correct. Thanks.
The guy says carmakers need to produce appealing products then later says they should just get the products maybe 95% or so of the way finished to reduce engineering costs. So which is it: Appealing products or low cost? In all, like the above commenter noted – boring.
I liked Mr. Wakefield’s metaphor about burning a bridge so you are not continuously tempted to go back to old ways.
Here’s my saying: “Do it the hard way, it’s easier.”