"It was Ford that bankrupted Tesla, what does that have to do with Buick?"
"Heh, it's as if you, Buick, didn't want me to do that in the first place."
"Alright, alright, stop arguing. Let's think of a solution first."
When the topic of solutions came up, all of them fell silent.
Buick can be considered the biggest victim of the impact of Xiaomi's car, because Buick's main target market is the $20,000 to $30,000 car market.
In the past, he only needed to make slight changes to the appearance each year to sell it as a new model. Who would care about the three major components of a car? An engine model can be used for ten years. As long as it works well and makes money, which capitalist would bother to upgrade it for no reason?
But now, compared to electric cars, such engines are just a pile of scrap metal.
It can't outperform others, and it requires refueling and maintenance. It's probably only worth a little more in a scrap yard.
Cadillac, as a representative of American high-end cars, was also affected, but not as much as Buick.
"It is Cadillac," the representative began.
"Now, we have two choices."
First, we need to enhance the competitiveness of our own vehicles by improving their configurations and performance, so that consumers will choose us willingly.
Secondly, we'll wage a price war against Xiaomi Auto, using our capital to wear it down. Once it's dead, the market will naturally be under our control again.
The other car company representatives nodded in agreement, agreeing that this was indeed the case.
The Buick representative spoke up.
"That makes sense, but waging this price war requires a lot of money. As far as I know, Lin Chen, who is behind Xiaomi Auto, is the richest man in China."
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