Nissan’s chief executive has warned that the rapid pace of production of Chinese carmakers is piling pressure on international manufacturers as they struggle to compete for market share.
Makoto Uchida issued the warning as Japanese brands in particular lose consumers to highly competitive Chinese rivals.
He told the Financial Times’s Future of the Car summit on Wednesday that “agile” local carmakers in China, the world’s largest auto market, were pushing rivals to speed up production.
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