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New projects? New projects are mainly only possible with China lo. But the Chinese car market is also in the price war now. So how can the new projects fly?
No lah. Probably all European car makers are in trouble now and cancel all the custom-made products. The question is who absorbs the write off (behind the scene) and losses?
Could be around 20 to 30 cents because the automotive market is going down worldwide, including China. European car makers are already in trouble while the China market is in the price wars now. This situation could last for more than a year.
