In this latest audio interview from our content partner GlobalBusinessProfessor.com, automotive expert Michael J. Dunne shares details of what he describes as fraudulent activity that boosted China’s electric vehicle (EV) sales. Dunne is author of “American Wheels Chinese Roads: The Story of General Motors in China.” His commentaries have been published in the Wall Street Journal, International Herald Tribune and Automotive News.
China’s EV Surge: A Closer Look at the Numbers
Presented by Michael J. Dunne, CEO of Dunne Automotive Ltd.
China’s recent surge in electric vehicle (EV) sales astounded the global automotive industry until investigators discovered that the explosive growth may have been attributable to fake customers. Michael J. Dunne, CEO of Dunne Automotive Ltd., explains the factors contributing to the fraud in the six-minute audio interview titled, “China’s EV Surge: A Closer Look at the Numbers.”
Produced by GlobalBusinessProfessor.com and GlobalAutoIndustry.com, the interview features Dunne explaining the “carrots and sticks” the Chinese government deployed to incentivize sales of electric vehicles. He also describes how the car manufacturers were able to inflate sales figures by manufacturing fake customers and selling to their own subsidiary companies on paper.
Dunne highlights which automakers are leading the EV race, and what the future holds for China’s support of EVs.
Click here to listen to Michael Dunne’s Audio Interview.
Michael J. Dunne is CEO of Dunne Automotive Ltd., a Hong Kong–based investment advisory firm with expertise in Asia’s car markets. Dunne Automotive assists companies expand in key markets, including China, Southeast Asia and India. From 2013 to 2015, Dunne was president of GM Indonesia, leading the manufacturing and sales operations. Early in his career, Dunne founded Automotive Resources Asia (ARA), a car consultancy. ARA expanded operations in China and Southeast Asia over the next decade and, in 2006, was acquired by J.D. Power and Associates.
Dunne is author of “American Wheels Chinese Roads: The Story of General Motors in China.” His commentaries have been published in the Wall Street Journal, International Herald Tribune and Automotive News. He was also featured in an acclaimed National Geographic documentary on China’s car culture. A native of Detroit, Dunne speaks Chinese, French, Indonesian and Thai. He has worked in Asia for most of the 25 years since he graduated from the University of Michigan with an MBA and an MA in Chinese studies.
GlobalAutoIndustry.com and GlobalBusinessProfessor.com
GlobalAutoIndustry.com is the leading global business intelligence source for the automotive industry, connecting the worldwide auto supplier industry with the resources to effectively do business globally. Through the web site, www.GlobalAutoIndustry.com, auto supplier executives can find insight, solutions and strategies focused on doing business in the world’s top automotive markets. GlobalBusinessProfessor.com is the leading online education company helping corporate professionals and business school students learn practical, up-to-date international business skills. GlobalBusinessProfessor.com offerings include On-Demand Seminars from practicing experts around the world, Audio Interviews, online courses, reports, studies and international business eJournals.
