No noticeable effect
No noticeable effect observed. Reading the news items associated with this collapse there are two main points concerned with the wind up. Firstly it would appear that they were running a highly leveraged, position focused strategy which went wrong. Although it is only 9 am there are a limited number of lockers and desperate crowds hot on our heels. Commandeer two lockers; a his and hers. There are only two sizes in lockers here, mini and small.
Losing market share in China emerges as the ultimate danger of BYD ambitious expansion strategy. Increasing market share in China is critical to success elsewhere because it provides the financial support the company requires to build its brand in new markets. China domestic market represents an enormous opportunity for BYD.
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