I am an automotive components supplier and I’ve always wondered how automotive giants are staying open or even turning any profit at all (1)
Between this, Nissan and a dozen others, I guess there’s a lot of running-on-debt going on.
1: it’s so difficult with the latest round of laws making a very high level of ADAS mandatory. Huge spend in R+D, particularly software and vertical integration, and then again huge spend on the physical car electronics.
Between this, Nissan and a dozen others, I guess there’s a lot of running-on-debt going on.
1: it’s so difficult with the latest round of laws making a very high level of ADAS mandatory. Huge spend in R+D, particularly software and vertical integration, and then again huge spend on the physical car electronics.