China Floods Europe With Cheap Cars, Grabs Record Market Share As Domestic Brands Buckle Europe is becoming a glaring case study in how globalist leaders can destroy an entire automotive manufacturing base by flooding the continent with cheap Chinese cars and sending domestic automakers spiraling into crisis, while their policies simultaneously spark what Nomura analysts have said will be political blowback over an 18-month election cycle, with shifts toward the right already visible in recent German elections. Bloomberg News cites new data from Dataforce showing that Chinese automakers captured a record share of Europe’s car market in August by flooding the… — Continue at ZeroHedge News : Read More
