Why American Automakers Are Failing In China

Video Transcript Subscribe To Big Money Just four decades ago, private car ownership was unheard of in China. For most people. In a country where private cars still don't exist, the journey to work is still by flying pigeon bicycle. And there was almost no auto industry in the country, but now it is the largest auto market in the world by far. Some of the biggest beneficiaries of this meteoric rise were foreign automakers, including American ones. They...