Car Wars: America Profits, Europe Falters, Has China Already Won?

Detroit is rediscovering the immense profits in petrol-powered trucks, Europe is cutting jobs and cherished models while funding a painful transition, and China is building electric cars at a scale and price the old guard cannot match. Who is winning the Car Wars?

Have you seen the news from the car industry lately? There is a very clear trend emerging, and it looks like some have played a solid hand while others are flailing about trying to find a way out of the quagmire. Or is this really a rabbit and tortoise situation?

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