Good. Fuckem. They make shitty, oversized trucks that are a danger to pedestrians and people who drive reasonably sized cars anyway.
I mean, didn’t Japanese and Korean automakers already do that?
Maybe GM could, I don’t know, innovate?
They have some wonderful new finamcial products released just this quarter!
Where free market? It will regulate itself /s
Well China did subsidize that industry massively, to a point were their domestic market is flooded with very low margins. So the market is already very distorted. But I find it hard to hate on that because flooding the market with electric vehicles and solar panels is better than anything economists are coming up with.
Six months ago I moved from the US to a country where BYD and other Chinese brands are available. In the past I owned GM cars. The former GM executive is correct. After trying Chinese cars I find it extremely difficult to justify paying 40-60% more for a car made by GM or anyone else. GM’s best selling cars here are made by its Chinese joint ventures and aren’t available for sale in the US, and they are the only GM cars I would buy.
They’re pretty well known here for low quality flashy vehicles, with premiums for luxury not quality.
American manufacturing seems very incapable of change. If things worked this way for decades, why change it? Meanwhile the world moved on and they ask themselves why doesn’t anyone wanna buy american…?
You think Americans can’t change, just look at German Automakers. They are stuck in Perpetual denial. VW only moved electric because of the massive diesel scandal, otherwise they also would have been like every other car manufacturer.
Even if they changed how would they win?
They’re just too expensive to manufacture as compared to chinese ones.
I am union so don’t misunderstand the comment, but doesn’t BYD rely heavily on terribly paid non-union labor to reach it’s price advantage?
No, it relies on massive automation. Similary their solar industry etc
For example
Tesla somehow manages to do well(at least prior to the nazi events). Still at a good price in Norway.
But all other manufacturers have dragged their feet with EVs, and that price cost of starting is large enough that they are in trouble. I’m not a huge fan of China, but they did the investment and are ahead exactly because of that (and crazy subsidies). Being left behind is their own fault imo, and I think that applies a lot to EU as well. Eg. WV.
They could try going for quality or features.
But instead they are only going for size, what 94% of the world does not care for or want. (this includes the 5% of Americans)
Dunno, seems like a global problem. European car companies are scared too. And they don’t make those big cars.
The only issue I see is that china is very hostile with how it deals with other countries, otherwise this is just the trend of how things work out. In the 80s, it was the japanese car industry.
They’ve got to keep their profit margins, or the CEO’s and shareholders might need to take a paycut.
Because it’s available to anyone. Not just Chinese owned companies and every other auto maker has similar taxes.
So here is the thing.
U lost. The moment I need American people to bail you out, you need to treat American people way way the fuck better.Worker rights, mandatory vacations, work protections, pensions, guaranteed healthcare etc.
Okay but see none of tjose are stock buybacks or exec bonuses, so…
So they dont care about making cars for the world market, they just want regulations to allow them to milk the american market…
As is tradition
Dam maybe some of the American automakers who took billions in subsidies should have built cheaper cars instead of the largest trucks possible to skirt regulations.
I literally can’t afford an American car, i can afford a BYD tho.
I bought a used Chevrolet Bolt '23 which is the closest I could get, they’re still relatively cheap and mine has been working great.
I can afford neither, but if I had to save up for one it would be the BYD.
American cars are just large, stupid and inefficient. Also the parts are very expensive here in New Zealand
The same thing happened in the 80s with Japan. The Japanese were no longer making crappy cars but small and very reliable, affordable cars. Detroit was still making rust buckets, obsessing over powerful engines with bodies that rotted out and defects galore. Detroit got beaten up badly (Chrysler had to get a gov bailout) until they cleaned up their act and improved their products. Protecting Detroit from competition would’ve just saddled US consumers with decades more of crappy, overpriced, low quality, cars.
https://imprimis.hillsdale.edu/how-detroits-automakers-went-from-kings-of-the-road-to-roadkill/
We still don’t let in the small pickups the rest of the world enjoys.
Did Japan back then pay their assembly line workers the equivalent of $5k USD/year (in today’s dollars) and have nearly no worker protections? Not a rhetorical question; I just don’t know. Seems like Japan had a better standard of living back then compared to Chinese workers now, so I would guess their workers were compensated and treated better.
Not defending US auto corps (or any corp for that matter). The regulatory capture in the US is insane, and workers aren’t treated as well as most of the rest of the first world.
Japan used state capitalism to promote it’s auto industry and other key sectors to sustain strong growth. America’s weakened billionaire owned government system is just being strip mined into the ground. We won’t be able to compete in an economy that’s only product is wealth extraction because of our massive corruption.
5K/year isn’t exactly poverty when rent is <200, phone data is 20, and you can get pic for 1.50 USD. I too would like them to be treated better, but I dont know if their overall situation is worse than the average american worker making 50K, but spending 24K on rent, 12K on car payments, and 16USD if they eat out.
defects galore
A friend of mine from high school attended the GM Institute and became an engineer for them. One of his first projects was on a team that bought a Lexus and an Infiniti when they first came on the market and took them apart to see how many production defects they had. He said a typical American car at the time (and this was in the '90s after quality had rebounded somewhat from its disastrous nadir) had 300-400 defects. The Infiniti they took apart had 2. The Lexus had 0.
I would kill for a small electric truck… Telo is calling my name, but they don’t have a functioning product yet.
Right there with you on small trucks, the kid and I have been drooling over the Slate even if it is Bezos. I drive a '98 Ranger, and we’ve been kicking around the idea of a Ranger electric conversion.
When Americans of all political stripes finally wake up to global realty, they’ll most likely do it lying on a sidewalk, naked in the rain, with their fingers in their ears saying na-na-na-na-na-na…
People will eventually have to face that the economic golden age of the 1950s and 60s wasn’t a normal state we can return to if greedy billionaires just let us. The rich definitely grabbed the biggest share of the prosperity, but that brief era of prosperity wasn’t normal, it was entirely abnormal, and it’s been over for quite a while. We’ve been fooling ourselves and keeping it going for the last half century by living on credit, and that’s about to end. I don’t know what new era is about to start, but the American era is over.
I don’t give two cents for the american auto brands but spare me the drama: try and make a proper car.
Looking at Ford: try importing a few models from the european line and offer it in the states. Small, economic, somewhat reliable, fuel efficient cars.
Stellantis has a slew of models that could be brought into the american market. They make good cars.
And I’m willing to bet GM as a few models they build and market overseas that would be guaranteed sucesses.
Uh, to be clear, I don’t think Michael Dunne is advocating against China in this context. He worked in the Chinese auto sector for decades. He isn’t an alarmist, he’s their salesman.
What Ford European line? They discontinued the Mondeo and their minivans. Now it’s hatch or crappy SUV. Or Mustang. Oh wait. Focus is end of life too now. It’s mustang or crappy crossover SUVs only.
Not enough Americans will buy small euro cars. Do you seriously think they wouldn’t just do that if they could justify the cost of switching off a f150 assembly line to make a small car they would. Ford and Chevy both had a ton of small cars throughout the years but the sales aren’t there anymore.
The average new truck costs 50% more. Every small car they sell is a lost truck sale.
Ford stopped making cars because they can’t compete with the current crop of cars coming from Japan/Korea and Europe regardless of how much money they throw at the problem. They have their niche with trucks and SUVs and are happy to stay there. China builds cars using massive government subsidies, slave labor, and local resources that aren’t available to anyone else in the world which is why I think it’s right to fight against them because it’s impossible to compete against them just like a small local grocery store can’t compete against Walmart.
China builds cars using massive government subsidies, slave labor, and local resources that aren’t available to anyone else in the world
Why are Japanese and Korean cars also better/cheaper than American cars then?
Slave labor
Citation needed
Massive government subsidies
The US doesn’t massively subsidise auto-makers?
But yeah china bad
China builds cars using massive government subsidies
The federal government ended the the EV subsidy a few years ago.
slave labor
lmao. We know what slavery looks like, you can see it in the cotton fields outside Angola Prison, rows of enslaved people, and overseer on a horse, all behind barbed wire. In Xinjiang I saw farmers driving combine harvesters in roadside fields.
local resources that arent available
You’re getting closer. Through 1 and 5 year plans, the CPC uses SoEs (and sometimes just asks private companies “nicely”) to ensure the foundational inputs, steel, rubber, chips, college graduates, etc are all available to industry at the specific price point and volume that competing private firms need to produce say, 100m EVs or a million more apartments.
Any country can do a little central planning to make sure private industry has what it needs, but this only works if you’re able to take action against companies that exploit the system.
The federal government ended the the EV subsidy a few years ago.
Buyers of any EV not just American EVs.
lmao. We know what slavery looks like, you can see it in the cotton fields outside Angola Prison, rows of enslaved people, and overseer on a horse, all behind barbed wire.
I’m glad you find slavery so comical.
Were these inmates enslaved for their religious beliefs being different than the official party line? We they imprisoned for not wanting to be controlled by a dictatorship? No. No they weren’t.
Through 1 and 5 year plans, the CPC uses SoEs (and sometimes just asks private companies “nicely”) to ensure the foundational inputs, steel, rubber, chips, college graduates, etc are all available to industry at the specific price point and volume that competing private firms need to produce say, 100m EV or a million more apartments.
Gee, it sure sounds like you’re listing even more slavery than I mentioned. Imagine Trump declaring that every college grad needs to make themselves available to build a border wall.
Any country can do a little central planning to make sure private industry has what it needs, but this only works if you’re able to take action against companies that exploit the system.
The only exploitation mentioned here is the government exploiting the people. It seems your argument is based on your warped belief that if the US is committing atrocities than it’s okay for everyone else to do so, yet your examples are in stark contrast to what’s happening here. Your views are frankly quite disgusting and proof of how absurd the Chinese government’s propaganda arm is.
You are wrong. American manufacturers are captured by the oil conglomerates to sell fuel. That’s why you have giant behemoths barrelling down the highways. F150s have almost doubled in size over the last two decades.
Ok👍
We will put that on their headstone.
Maybe they should advocate for better fuel regulations and densification ;)
Must be a pricing issue.
Meanwhile, instead of trying to compete they cripple all EV advancement to make a quick buck on fossil fuel.
So when can we stop with this “free markets” nonsense in the third world aswell??
There hasn’t ever been a free market. Its a captive market. When you can only succeed by denying a competitor into a market, you prove that. They refuse to rise to the challenge because they don’t have to.
