许多投资者开始担忧汽车产能过度扩张,从而将导致价格竞争大幅加剧以及利润率迅速下滑。其实,这些担忧有些过度了。中国汽车行业的准入门槛正在逐步提高,产能过剩问题仅为远虑而非近忧。 Many investors are beginning to worry about the over-expansion of car production, which will lead to a sharp increase in price competition and a rapid decline in profit margins. In fact, some of these concerns over. The access threshold for China’s auto industry is gradually increasing. The problem of overcapacity is only far-from-not-worrying.