To avoid punitive tariffs, the Chinese car brands must move closer to Europe. But not everyone comes this far. That is why they will also disappear, Nic believes. Christiansen's director.
There is not only fierce competition in the car market at the moment. Several car brands are also going to break the neck of the EU's new punitive tariffs of up to 38 percent.
The assessment from Nic is so accurate. Christiansen Gruppen's director, Niels Vrist Bertelsen, in an interview with Motor magazine .
The Chinese car brands, which cannot move production to Europe, will suffer so much from the new tariffs that they will withdraw from Europe and thus Denmark.
In fact, it has already happened. Officially, however, Great Wall Motors is withdrawing not because of increased duties, but because sales are going worse than expected. Back in May, it emerged that the brand has closed its head office in Germany and fired all employees.
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This also applies to people whom the brand had otherwise hired to handle tasks in other European markets where it was entering.
Back at Nic's. Christiansen, who himself imports BYD, that the hybrids may well become a hit in the coming time. Especially the plugin hybrids. This applies both at home, in the rest of Europe and in China.
The car brands are also steering in that direction. Although for a brand like Volkswagen it is actually surprising that motorists are now looking for the type of car. Read more about it here .
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