"Strategic Shift in the Automotive Industry: European Automakers Eye Chinese Partnerships to Boost Efficiency. In a bid to cut costs and stay competitive, European automakers are considering an unexpected alliance - sharing underutilized factory space with Chinese partners. With an average operating capacity of just 55 percent, European plants are struggling to meet demand, while Chinese manufacturers are looking to expand their global footprint. By pooling resources, both sides may be able to achieve economies of scale, but what implications will this partnership have on the global automotive market?"
European automakers are exploring sharing unused plant capacity with Chinese partners to reduce costs. European plants operate at 55 percent capacity on average. Chinese automakers could add 800,000 ...
