Automotive Industry

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Baffled: Japanese take apart BYD electric car and wonder: 'How can it be produced at such a low cost?' (en.clickpetroleoegas.com.br)

submitted 6 days ago by [email protected] to c/[email protected]

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[–] [email protected] 10 points 6 days ago

It's not executive pockets, it's the owner class that benefits the most. Executives of automotive companies after just employees. The ones benefitting from the stock buybacks are hidden behind several layers of shell companies, hedge funds and private equity.

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