Chinese car brands squeeze traditional manufacturers from Australia
Chinese car brands are flooding the Australian market, forcing traditional manufacturers like Fiat, Peugeot and Citroen to stop importing vehicles, with concerns that Nissan and Mitsubishi could follow. Australian drivers are experiencing wait times of up to 18 months for car parts and refunds due to inadequate consumer protection laws, as many new car brands enter the market without requirements to maintain spare parts inventory. Officially licensed Mad Max replica vehicles are now being hand-built in Australia for collectors, priced at approximately $300,000.See omnystudio.com/listener for…
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