Former GM Executive: BYD cars are good in terms of design, features, price, quality. If we let BYD into the U.S. market, it could end up destroying american manufacturers
https://www.nytimes.com/2025/07/08/opinion/byd-china-car-ev.html?unlocked_article_code=1.VU8.veWt.fELwPEnZ0EZbOpen linkView original on lemmy.world805
Comments380
So free markets are a terrible idea now and countries practicing import substitution weren't impoverishing their people.
US hypocrisy at it's finest.
Our free market's good, yours is the problem! Gotta read the fine print!
„Free market“? Speaking of hypocrisy. Chinese car brands are so heavily subsidized they probably cost the Chinese economy more than they make selling them at the moment. China is clearly trying to drown the global market with cheap cars so they can ramp up prices immensely once they have killed the competition and have become a monopoly. China hasn‘t been the extreme low income country to produce super cheaply for a long time and they couldn‘t produce cars this cheap in a free market situation.
Many countries and the EU have measures against such practices because state run operations with the sole purpose to destroy an industry (which this is) undermine the very idea of the free market or even trade relationships.
Alternatively we could start subsiding local car makers and play the same little game China is playing but more cars is honestly the last thing we need right now. Tariffs are a much smoother option to deal with this even when they have a bad rep.
Ideally we use that generated money from tariffs to subsidize public transport so we don‘t get cheaper cars but cheaper alternatives but that‘s still just a dream I‘m afraid.
Whatever the case, one should look at super cheap cars and what that means in the long run more critically.
We have been. Bailout after bailout. For the longest fucking time, and have had insane trade rules and tarrigs in place for decades and decades. I'd argue this is what it looks like to have another country finally being able to play on a level playing field.
After the auto industry intentionally killed public transport.
The fact that one of the most powerful monopolies in the world went bankrupt and was forced to be bailed out by taxpayers more than once should really be a disqualifier for any future endeavors.
you accidentally forget to pay ur credit card minimum for one month and you're docked so many credit score points that you're ineligible for being given a loan.
but we bail out these megacorps time and again and just keep letting them operate like nothing's amiss
shit's borked (intentionally, to favor those with means)
GM received more than $7 billions of subsidies and around $50 billions of "Federal loans, loan guarantees and bailout assistance".
US auto manufacturers are getting their fair share of subsidies.
To be fair GM sold or closed a lot of its brands and foreign subsidiaries, and paid back the loan.
I fucking hate what the US auto industry has historically and is currently doing (making constantly bigger and more expensive trucks in a time we need smaller lighter EVs), but it’s actually a bit different from the SpaceX or EV credit subsidies and more of a low interest loan.
The US has far too many dispersed rural towns for public transit to cover. Yes we need more high speed rail and light rail, but we’re gonna need personal cars because of distances, weather and employment practices for a long time still. And there’s no reason they need to be 3 ton high speed blind spots.
Is it a level playing field? In China workers rights are pretty non-existent and there’s no OSHA equivalent, at least not to the degree we have in the US. Then add in government subsidies, lower worker pay, reduced R&D costs because they pilfered the engineering from a US company, and you end up with a very lopsided market.
To be clear, I am in no way defending the US auto industry. They have little customer loyalty for a reason – low quality, overpriced, subscription dependent vehicles with terrible warranties, expensive service requirements, and invasive telemetry. They need more competition to force them to make more consumer-friendly decisions, but China is hardly a fair competitor.
How much maternity leave d'you get in the US? Cause in China it's a minimum of 90 days up to 180. And an extra 15~30 days of pat leave. Mandatory paid holiday? US: 0 China: 11. Sick leave? US: 0 China: months (at reduced rate). Vacation? US: 0, China: 1 to 3 weeks.
The work sfatey certainly remains an issue, like any developing country, but things are rapidly improving.
http://en.npc.gov.cn.cdurl.cn/2021-06/10/c_786248.htm
Things aren't all roses in China, but y'all have to get off of your high horse when you know fuck all other than bland ass propaganda.
When was the second bailout? Or the first if you're referring to something older.
You can‘t compare a bailout with an aggressive offensive. Especially since western car makers and many other manufacturers outsourced to China in the process. There are few to no parallels to be drawn here. A more accurate, albeit tasteless comparison would be the China opium wars. Because that‘s essentially what they‘re aiming to do: Making us addicts to their product. They‘re selling us the stuff at a loss because they know we‘ll come back for more and before we know it we‘re completely hooked. It‘s the exact same thing they‘re doing with Temu and TikTok.
If something is being so heavily subsidized, the correct market response is to buy as much as possible, and resell once the prices ramp up.
Setting up tariffs and complaining about subsidies? 100% not the "free market" response. It's cope.
True, even Milton Friedman (barf) said we should be thankful if someone wants to subsides our lives. Besides these market extremists say all government intervention is bound to fail, so they should have nothing to fear letting the BYDs in. The socialist subsidy of BYD will collapse and we don't want the government distorting our market either.
This isn't really my personal take, but i like using their own logic to reach a conclusion they will hate.
Are you trying to be funny or something? Used electric cars aren‘t exactly going up in price. What a bunch of nonsense. Talking about cope.
We have subsidized the big three many times, and they return nothing back. At this point, they should be nationalized.
You have a very simple way of looking at things and are part of the problem that is going on.
Your ignorance is showing. Tuck it in.
You tankies really have a way with words.
Free markets were always a terrible idea, the USA economic system was basically founded on principles of regulation of goods like tea, tobacco, and alcohol.
It's not a free market.
BYD is heavily subsidized .
Pretty sure big oil and car companies have been bailed out by the US government in the past. Plus america designs most of its cities so that you need to own a car. Seems like both markets are equally "free" at the end of the day.
The majority shareholder at GM is the US treasury.
One of the majority holders at Stelantis is their workers' union.
https://en.wikipedia.org/wiki/Effects_of_the_2008%E2%80%932010_automotive_industry_crisis_on_the_United_States
A one time loan which made money is hardly a subsidy by comparison to China right now. That's an absurd comparison. Apples to oranges. Hell apples to baseballs.
There is also CAFE standards that made small, effecient vehicles require extremely high emissions standards while allowing looser standards for larger, less effecient vehicles. Effectively limiting foriegn market influence while increasing both the price and size of the average vehicle on American roads.
That's not a competitive subsidy though. Anyone can and don take advantage of those emissions. The US does not have access to China subsidized materials or labor to compete in that market.
BYD could build here and take advantage of that.
The US actually heavily tariffs foreign-made vehicles that could skirt the CAFE requirements the way American trucks do. Light trucks suffer the Chicken Tax and can only be made in Canada, US or Mexico to bypass that. Been that way since the UAW boss asked LJB to do something about the German imports growing.
So build them here, like every other foreign auto maker.
They accomplish two completely different effects by two completely different mechanisms. The former being available to every manufacturer.
American car makers famously unsubsidized and holding up their own pants.
The oil industry is famously completely independent from government subsidy. Especially when it comes to setting urban development policy and planning transportation systems, these have no bearing at all oil demand and they also cost nothing.
Compared globally? Yeah mostly so.
What subsides do US cars get that other countries don't have similar programs?
They have never considered actually competing have they?
They have an export market, its the handful of douchebags in Australia that want compensator trucks instead of a ute
Big corporations know very well how competition works and would like to avoid it at all costs.
Former big corporation*
Who also worked primarily in Chinese Automotive industry*
They do. For example here. Just not in your country.
They don’t compete here either.
They’ve stopped producing passenger cars, and the Chicken Tax means they don’t have to compete on trucks.
They saw what happened in the 70s and said never again will they have to actually compete with better products
What happened in the 70s?
Toyota had small, fuel efficient cars and that’s what people wanted during the oil crisis.
Yeah, them and Datsun. Super reliable cars when US manufacturers were ugly slow tanks that wouldn't make it 80,000 miles.
Couldn't have a thought further from his mind
Nah man, that's not the purpose of unrestrained capitalism. The point is to get big enough that you can buy out all the competition, then make your product cheaper and cheaper once there's no one to compete against. It's a bit like an economical algae bloom.
Detroit is easy to hate but there’s more wrong here than how much can-do energy they wake up in the morning with. If they competed on features and quality they could never compete on price. Everything we do to keep the dollar strong makes it impossible to manufacture here.
They saw what happened in the 70s and said never again will they have to actually compete with better products
Michael Dunne has been competing the entire time, for the Chinese. His statements here aren't fear, they're shillery.
Oh no! The type of capitalism where we have to compete!
Make it go away, Daddy Trump!
Newsflash: American car manufacturer says "Our cars are crap and overpriced"
Michael Dunne is actually someone who worked in Chinese Automotive manufacturing. He's the Chinese car manufacturer saying "Chinese cars are good and cheap."
His word is basically meaningless.
If you're one of the largest and oldest car manufacturers in the world and the most "innovative" thing you've managed to do in the last 20 years is rebrand Buick into a young family brand, then you probably need some good competition.
Don’t forget the courage to not support CarPlay/Android Auto … just stupid.
... then you simply have no excuse anymore to exist at all.
Well they wouldn't if not for that hefty bailout by the American taxpayers that they got back in 2008.
Ford was the only one not to take a buyout, FYI.
Ford wouldn't survive BYD either, though.
Greed rules the Western world.
https://www.freep.com/story/money/cars/ford/2020/07/29/ford-government-loan-department-energy-debt/5526413002/
They still hadn't paid it back in full in 2022.
This is definitely worth mentioning but it's also good to note that it was a loan not a bailout and Ford has repaid it.
Documents filed by Ford show the company owed payments of $591 million in 2020, $591 million in 2021, and $289 million in 2022. As of this year, the loan has been completely repaid. But the compact cars it built with the original loan have since been discontinued.
Ford also received a $9.2B loan for EV battery factory projects from the government.
The compact cars probably being the Fiesta and the Focus. The Fiesta is almost a perfect vehicle. Small but comfy for four decent sized occupants. Great gas mileage. Super reliable motor (I have one with 219,000 miles that's never even needed a tune-up yet--5 speed manual). They put ultra shitty automatic transmissions in them that failed after 35,000 miles so all the good was nullified by that boneheaded decision. Of course you always run the risk of being turned into a grease pancake by bro-dozers all day every day when driving a car in the US.
I like small cars. I have a 2019 Kona and I love the size but I looked at the newer ones because I'm tempted by hybrid or EV. They the newer ones bigger so I decided to just hold onto my current car for a couple more years and then I'll look at a Telo.
Ford has been busy corporate decisioning itself into irrelevance for decades now. The only reason Ford is even still around is the F series.
GM, maker of horribly shitty cars, and yeah, the Corvette, we know. We've seen it, GM.
"do you want to see the C9?"
....of course I would.
Good. Fuckem. They make shitty, oversized trucks that are a danger to pedestrians and people who drive reasonably sized cars anyway.
My boss in the UK got one. In bright red. It looks like he's driving a fucking fire engine.
My old boss was a huge man who went around in a little yellow convertible. We called him Noddy.
May I suggest calling him Fireman Sam?
The Chinese too know how to make unnecessary large cars, unfortunately.
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 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
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.
American cars have sucked compared to Asian cars since the 1970s. I don't understand why people are acting all surprised that this is true in respect to BYD. Sure in the past products designed in China were stereotyped as poor quality knock offs of western designed goods, but in the past decade Chinese engineers have increasingly proven themselves as perfectly capable of making solid, innovative designs that improve upon those of their competitors. I think it's kind of fucked up that everyone is so suddenly upset about China's role in the world economy since everyone was completely fine using them for cheap labor over the past several decades and are just mad that Chinese companies are beating them at high skill labor and technology. Chinese companies do have an "unfair advantage" given how much they are backed by the Chinese government but American companies receive all sorts of money from the government for all sorts of things as well.
Americans have come to think of Chinese products as bad quality because of the American companies who engage them for cheaper labor. Walmart was known to order products made to a certain spec one year, then the next year demand the company increase production, but for the same amount paid as the previous year. The Chinese company, not wanting to lose the contract, obliges, but corners have to be cut. It should be called Americanesium, not Chineseum.
Derek Guy (Die, Workwear!) posted a thread a while back (I think about 6 months ago) about how the Chinese can and do make great quality products, pointing out high quality fabrics. Give them money to buy good raw materials, give them a decent wage, and they'll put out a good product. Honestly, they probably have a more fair work ethic than some American companies that just feed their CEOs massive salaries or are owned by private equity.
Honestly, there's a wide range of quality of stuff produced in China, but the expensive stuff isn't getting brought over. The better stuff is either being used domestically or exported to India/SEA. From my limited experience importing stuff, the biggest common factor is the lack of final quality control. I ordered some small diesel engines because no else makes those but Yanmar and Yanmar prices themselves way out of my range. Even Yanmar doesn't sell a 5hp engine. The 196cc Chinese diesel was well designed, the parts well built, but final assembly lacks consistence on the bolt torque spec and there was metal shaving left in the crank case. The bigger, more expensive diesel made by a different company had much better quality control, although it's still necessary to flush the crank case. No one over there seems to do that.
Its largely american cope that they are not that good at manufacturing anymore. Chinese factories build things to spec, and the customer asks for cheap, so they get cheap.
They also iterate very quickly.
First car design - "functional" is being polite about it.
Fifteen years later when they are on their tenth revision - pretty damn good.
Meanwhile US car manufacturers can squeeze in a revision/refresh every 5 years if they're lucky.
Exactly!
They went through a period in the 90s where they had a huge leap in quality and almost matched Japanese imports of the time. I'd say GM is the only one who's drivetrain quality is still on any comparable level with Asian imports. Ford gets some parts really right but then their beancounters make really dumb cuts to critical components that make many of their vehicles near lemons. I can't think of a worse car manufacturer in the world right now than Stellantis, and they aren't an American company anyway.
The “unfair advantage” bit has been incredibly funny to me ever since I sat in a call to prepare a joint research proposal and the representative of a certain large euro automotive supplier told us that their company would only participate in any project if they got at least a certain amount of government funding.
I am pretty sure there is some financial fuckery going on with BYD. My parents own two, and they are very nice, but way under priced compared to every other EV manufacturer.
Can't prove anything of course, but there is something odd going on when everyone else is 20-30k more expensive.
Hard to feel sorry for GM though, they suckled at our governments (Australia) teet for decades before giving up and leaving entirely. At least if BYD is being propped up we are at least getting good cheap cars from it.
The financial fuckery is that they're very heavily subsidized by the CCP. It's not sustainable.
I'd argue it is.
Just look how Amazon got where it is now: Sell way under market price, till local competition closed shop, then squeeze.
It's unsustainable to keep prices lower than costs. The Amazon example didn't have low prices forever.
Yes, I know. That's why BYD is going to
then squeezethe customers once they are locked in.Thus, not sustainable, as I said.
It worked for Wal-Mart
Which isn't really a sustainable business model, but it's quite successful
It didn't work for Walmart the same way it didn't work for Amazon
What is sustainable in today's economy?
Really, what Western corporation actually base their policies on sustainable growth?
Take your time. I'll wait.
...
All of them that I know of. Which corporations do you see running unsustainable business models until they fold completely? Take your time, I'll wait.
The point is that they eventually change their tactics. In this case, they'll have to eventually increase their prices.
I think your muddying sustainable and successful. It definitely can be successful, but its not sustainable.
Its also high risk, especially if you can't crank up the prices enough later
https://feddit.org/comment/7714367
Sustainable implies that they can keep doing it forever without changing. Switching later means what they are doing is not sustainable. It might be successful, but its not sustainable.
There's sustainable practices and sustainable businesses. The latter is what others are arguing. Undercutting competition to take over a market is a sustainable practice IF you can hold out long enough. I'd wager the country of China can hold out longer than General Motors.
But the business model has to change in order to survive. The company cannot undercut forever, it actually needs to change in order to survive. The business model of today is not sustainable. They may have a large warchest, they may be able to crush GM, but once they do, or the warchest runs out, the business model must change.
If you want to make the argument that their overall plan with the later change is sustainable, thats fine, but this current phase is not sustainable.
You forgot the part where they raised prices on everything.
https://feddit.org/comment/7714367
It might just be that, since BYD is serving such a large domestic market/population, that allows them to have cheaper cars? Something something, economies of scale. I'm no expert though.
There is a limit to that effect, though. And most observers agree that the state is subsidizing heavily.
BYD is already facing scrutiny for running Evergrande like accounting, and a lot of political pressures from other Chinese manufacturers. The risk is that they collapse like Evergrande, and that they drag public debt into it. The CCP might prop them up, so it light be safe. A car is different from a book, because you need lifetime service for it. If they go under, you might lose access to parts.
While they are subsidised, the Chinese are really good at low cost manufacturing. It’s not the cheap labour anymore but factory automation and robotics. They really outclass anyone else.
They're not "good" at it, they just have no minimum wage and no semblance of annoying things like worker protections or unions to be concerned with.
That's just patently false. https://en.wikipedia.org/wiki/All-China_Federation_of_Trade_Unions
Like all things in China, this is owned by the government, making it pointless.
They actually have a problem with workers or the lack of them and they have invested heavily in robotics. They aren’t the China of the 70s and 90s. It’s really something that we need to face up to if we want to compete but our political class isn’t really ready for that sort of reality. Years behind because of smugness.
We can't compete with a country that pays their workers $1/hr without doing the same.
China doesn't have a national minimum wage, but minimum wage is delegated to the local level there and definitely exists in every single province. Just echoing what the other user said, literally everything you said here is easily disprovable. https://www.china-briefing.com/news/minimum-wages-China/
Glad you learned something!
Brazil shuts BYD factory site over 'slavery' conditions
From 2016 and still true today:
Chinese Government Subsidies Play Major Part In Electric Car Maker BYD's Rise
Yeah, subsidies and other benefits from governments exist but China is going all in.
My only point of confusion is that a 20k loss on every car is insane. I'm guessing its a bit of BYD is subsidised somewhat, and everyone else is price gouging somewhat. No idea the ratio.
Also odd that other Chinese brands (really only tried MG) dont seem to have the same high quality, high pricing that suggests the same level of crazy subsidies.
Honestly, there is just so much fuckery going I just have no idea what is what.
Rivian is losing about $30k per vehicle, but with much lower production numbers.
Thats crazy. Are those public numbers from rivian?
Not exactly a number they put in a press release, but as a publicly traded company it is published quarterly.
https://www.youtube.com/watch?v=Ttu55nEtC6o - How BYD overtook Tesla?
China subsidises industries it wants to dominate in, allowing them to sell for less than cost. It's why the EU also tariffs Chinese cars.
Also for anything the big 3 make in the US, I believe they use union labor? Not sure if they did for Aussie market cars.
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.
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.
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.
Back then American industries were just complacent due to insufficient competition, and Japan's industrial development was a bit of a miracle (that "living in year 2000 since 1980s" joke).
Japan back then had (and still has) an interesting socioeconomic system, a bit similar to samurai clans went cartels, where workers are supposed to work all their life in one place (or close to that), don't squeal about worker rights and such, but be covered by lots of company-provided social nets and guarantees.
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.
And it did. Japanese companies maintained a solid portion of the market in the US, a notable lead in quality, and many consumers no longer willing to waste money on crappy overpriced low quality cars from American companies. American cars were forced to get better and they’re better off for it, but they resisted the entire time, just like today.
Maybe GM could, I don't know, innovate?
As an European living in Asia and can't help but cringe at American cars. They're so far behind. And it's the car country. Japan has better cars and better rail. Embarassing.
Agreed. I'm American and think American manufacturers make the ugliest and worst cars. Outside of the Corvette, which remains the best spots car in it's price range.
They have some wonderful new finamcial products released just this quarter!
Targeted tariffs and protectionism can help a situation like this, combined with subsidies like the ones Trump cancelled, to give legacy manufacturers a temporary respite to retool and innovate. However backtracking on your transition, reverting to the tried and true short term profits is just hiding your head in the sand. GM will find itself increasingly marginalized and more years behind. You can’t hide behind trumps skirt forever
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 even Canada has lower labor costs because of universal healthcare.
Yeah it turns out having infrastru'ture wnd a society is, like, efficient and stuff.
Bailouts are unacceptable period. Trained workers, factories, factory hardware, logistics specialists, engineers, patents and so on - they all remain in the economy. That a company fails and goes bankrupt is not a bad thing. It's just that company. Not the industry as a whole. If there are no additional mechanisms.
Somehow Americans seem to have forgotten that the kind of "capitalism" which gets defended is about this exactly - a company goes bankrupt, too bad. There are other companies which will hire its workers and buy its assets. Possibly new companies created by its former employees. Its shareholders have gambled and lost, well, their problem. That's what an unregulated market is, by the way, and not bailouts to big fish and horse dicks for small fish.
If something works differently - workers don't find a new place to work in, factories go to scrap metal, engineers go flip burgers, patents are collected by trolls, and new companies are not being created, - then something has been broken by an existing policy.
Patents are the worst of it, but also non-compete clauses, legal impediments for creating new businesses, legal expenses making it harder, - these things have to be removed.
I mean, people on Lemmy love to dream of something like what you list, those things are good, but maybe fixing some basic things about what you already have is no less useful. Especially since these fixes do not cost any money to maintain, while, well, pensions and healthcare do.
why bail out the companies and not the people?
(/s, i was joking, of course in US companies value more than human life)
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
Decoupling the market was them admitting their stuff is not as popular to the global market
Former GM Executive: BYD cars are better and cheaper than American. If we let BYD into the U.S. Market, we wouldn't be able to be greedy and enshitify our products any more, which would end up destroying american car manufacturers. FTFY.
P.S. Actually the average american would be benefited from that
Well, nearly half a million mostly union jobs would also be lost, causing a minor recession at the very least. Even if the jobs partially come back in the form of BYD plants, they probably wouldn't be union jobs.
Capitalism is all about competition unless it's not.
I mean, didn’t Japanese and Korean automakers already do that?
Yes. They did. That's called competition. It forces companies to improve by destroying them, except they don't want that. And politicians don't want that, cause it makes corruption unstable.
Killed Detroit too, though. But, eh, helped other parts. It's life.
Thus already in the 90s with the TRON OS a different approach was chosen by US regulators - threaten Japan with sanctions if it's allowed to compete with Windows inside Japan .
They can't threaten China, but they can prevent Chinese competitive goods from entering US market and improving its economy again.
Bad economy - poor and stressed people, poor and stressed people - worse political decisions, worse political decisions - good for middlemen which in our age shouldn't exist frankly. We have the technologies for direct democracy, it's not 1920s.
One from the list, yes.
Wish I could upvote twice. As far as I'm aware there's about 5 American politicians who actually care about more than just lining their pockets.
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.
First the enshittified the food
Then the health care
Then every consumer product
Finally they enshittified the nation itself
Before that they enshitified the labor movement and unions via red scare tactics so there was less resistance to the enshitification process
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.
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.
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.
Why are Japanese and Korean cars also better/cheaper than American cars then?
Citation needed
The US doesn't massively subsidise auto-makers?
But yeah china bad
They're not cheaper than American cars. Go price some out.
https://www.reuters.com/world/canadas-trudeau-suggests-china-uses-slave-labor-lithium-production-2023-04-28/
China subsidizes Chinese companies. The US gives subsidies to manufacturers from all over the world via tax credits to buyers.
You’d have an argument if legacy manufacturers were trying. We could talk about support if they were willing. They don’t want it. They’ve already given up
By "legacy manufacturers" you mean every major auto manufacturer in the world that isn't based in China?Nobody else is selling new cars for as little as $4k because other countries aren't using slave labor in mines and factory floors. It's impossible to compete against that unless you engage in it yourself.
Yet Chinese cars that meet US standards are quite a bit more than that. Where such vehicles are sold in developed markets, they are more like €30-40k
By “legacy manufacturers” I mean those who are stuck on internal combustion engines, and focusing on large trucks and luxury trims.
Average new car price in the US has greatly outpaced inflation and is currently almost $50k, closing in on a full year gross average income. Most people can’t afford that. For that rice you get old technology engine, old technology transmission, same features we’ve had for years.
Yet a replacement for my Subaru is much cheaper, only a little over what I paid nine years ago. It has safety features, electronics, and transmission more innovative than us made cars costing twice as much. Many more people can afford this vehicle, and it’s similar in price to what Chinese cars are selling for in Europe.
We don’t need to compete with $4k cars. We need to compete with cars affordable on average salaries, with new features and unique capabilities.
While the transition to electric vehicles has been politicized, it’s coming and it’s inexorable. “Legacy manufacturers” are those avoiding that change
The federal government ended the the EV subsidy a few years ago.
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.
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.
Buyers of any EV not just American EVs.
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.
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.
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.
I was talking about china, their federal govt ended ev subsidies in 2022. I suspect some city and provincial level govts still do various types of subsidies.
Bro are you trying to justify slavery in the US? You dont have to do that to criticize China. But you have to have to learn about its actual problems, not just accept any silly stories western media comes up with. Try visiting some time, its incredibley cheap, you can rent out decent sized apartments for 15/night in most cities, theres also sleeper trains, combine transport and 1 nights lodging, and food is often <2usd/meal.
That's not how that works at all, they simply invest more into educating people into a particular field to ensure there will be enough people with the required skills in a particular area.
How did you even misinterpret my post like that?
I’m not convinced it’s lack of sales. Trucks are the most profitable to manufacture but sales vary by region and some parts of the country are much more interested in smaller cars, but they ceded that market to Japanese manufacturers
It’s not they they can’t make them or that the sales aren’t there but that trucks are the easy route. They’re more profitable per unit and easier sell in some areas.
Part of this is also sleazy dealerships. Trucks have by far the biggest incentives so sleazy dealerships can get people excited about the “deal” they get over list price
Must be a pricing issue.
The average new truck costs 50% more. Every small car they sell is a lost truck sale.
No shit, people want cheap, reliable transport and workers would want to build them, build and work on replacement parts, build batteries, etc. The only people supported by blocking BYD in the US are executives, shareholders, and the politicians they bought.
US is not a country, there is no strong federal power to choose direction.
US is like Poland before being divided, everything run by oligarchs and every oligarch just pulling for himself.
Domestic US cars can't compete with foreign cars. We've known that forever. Or at least since the 90s.
Look no further than Kei trucks being illegal.
Our overengineered, over priced, unnecessarily complicated crap just can't compete with simple transport vehicles because they aren't made as a tool to serve a purpose. Everyone wants to make a Corolla into a Cadillac and sell it for Cadillac prices.
Hmmm. I think US cars can absolutely compete. Here is the problem. Foreign manufacturers make cars that people want to buy. American manufacturers make cars that they want to sell. These two things are not the same.
I want Ford Escorts, Geo Metros, VW Rabbits. I want a small, uncomplicated, economy shitbox. A small cheap car that my broke ass can fix when it breaks. And no car company that makes cars in this country makes that anymore.
Right? The only thing on the market for EVs in the US right now is "luxury" crossovers and trucks. What people really want is an electric civic hatchback.
Mourning the loss of the Saturn in the world.
Makes me think of Dell.
Growing up in the 90s in Wisconsin, all the conservatives around me always talked shit about foreign cars.
I can’t comprehend how they justified it. But I also knew nothing about cars.
It was only back in ~2016 that I realized how much building a car is similar to building a computer. Supply chains, common parts, designs made to fit common “cases”. Etc etc.
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.
I don't disagree with the criticisms of American cars -- overpriced, uninspired, unreliable, over-engineered, etc. -- but to everyone saying "we should just compete", do you realize the realities that Chinese workers experience? Have you heard of 996? It's shorthand for a common work schedule in China: 9am to 9pm, 6 days a week. Benefits that are common in the U.S., even in non-union shops, like retirement plans, PTO, worker's comp, and overtime pay are rare. So, yeah, things can be made much cheaper if you are willing to feed your workforce into the grinder.
And that’s exactly what is coming to the US, since they think workers rights and unions are the problem.
LOL what workers rights do you clowns in the US have?
Not an American, but it's worth saying that despite their labour market's galling shortfalls, they don't have a culture of 12 hour days for 6 days per week. Many work much less, and those who do pull those kinds of hours are typically tradesmen/women who make pretty good bank. Those types of jobs are being systematically eliminated by corporations, but I digress.
PSA @[email protected] is a troll.
PSA this InternetCitizen2 is a troll.
Askfor a source and this clown gives you this:
https://www.bbc.com/news/business-47934513
LOL
"12 hour days for 6 days per week. "
So you believe this baseless garbage statement that Chinese generally have these work hours? Right.
If you compare it to nonsense then the US is less bad, but those are not the facts.
retirement age 63 years old for men, 58 years for women, US: 67/66
paid holidays, not even a right, they maybe get 6, China:13
US: no paid sick days, China: they get 100% to 60%
The US is a joke.
So we should then let American oligarchs drive American workers to the same but slower? because that is what has happened so far
That is certainly their wet dream, now that they can't easily just move their manufacturing to China and reap all of the benefits like they could 70s - 90s.
I will strongly disagree with “over engineered”. Why a car company with all their money and bailouts that they can’t compete with Apple/Android on touchscreen features and responsiveness is the whole reason why Chinese cars will kill American car companies. Chinese cars support Android auto even when Google play services isn’t even available in China (last I checked).
Okay, I'll concede that point to you. U.S. carmakers suck at software. And, even on the hardware, they're resistant to change and slow to innovate.
Software is the answer to many of the mechanical issues too though. Granted, the physical engineering is definitely over engineered, but would they really need to have 6 different taillight frames when LEDs can be multicolor and just tuned with software for each market? I also see zero reason why manufacturers can’t start from a base and tweak for different market configurations. You also see car companies complain about complex regulation, but then in this day and age when east Asia can make you anything, that’s not an excuse I’m willing to be fed. I fucking hate Elmo like everyone else here, but why the hell is the Model Y the most popular car in the world. None of the other companies want to copy Tesla? They don’t want to compete? We’ve gotten to the point where it’s ludicrous that they’re not competing.
I’m not sure I see a connection between the working conditions, and the quality of the car. I don’t think anyone is advocating for adopting those bad conditions, but they also seem unrelated to the quality of design, and parts that go into it. That purely seems like a question of paying for good high-quality parts, and not skimping out on the design phase.
I get what you are saying, but sometimes I think we should in a way, or at least we should get republicans exposed to it, so they can live their hogwash ideas of free markets.
It won't be them living the reality though, it will be their subordinates and employees. The same ones already being crushed to death by production metrics, stagnation of wages and inflation. The people involved in these decision making processes are too well shielded from the actual consequences, beyond maybe driving past and seeing the ruins of what used to be towns/cities/neighbourhoods destroyed by the free market and social policies.
Well yes, but actually no. BYD has quite of an advantage (also because China subsidies it), but american (and also European) companies have no incentive to actually design good quality products if BYD gets left out. At the same time CEO will try (and currently do it) to force us into working more and more for less money with less benefits while swimming in billions of dollars.
Exactly, which is why I'm left scratching my head why the US wants to bring manufacturing back to the US. We're much better of growing the well-paying jobs where our education systems can compete favorably vs bringing back jobs that compete with low-paying jobs...
LOL are you sure about that?
https://www.worldatlas.com/articles/the-highest-literacy-rates-in-the-world.html
China ranks higher than the USA in literacy rates
Sure, but the US has a lot of well-educated people (e.g. see the Education Index), as well as a lot of opportunities for well-educated people to get in-demand jobs that pay well.
Literacy rates are interesting, but they don't translate to well-paying jobs like education attainment rates.
There are more Indian Engineers in the USA than American ones... and Trump is destroying all of it
The way things are going for you, nobody with a half a choice would decide to migrate to the USA for work
Right, and that's completely brain-dead. We should be wanting to attract more talent, because more people able to take high-end jobs usually ends up creating more high-end jobs. We want more immigrant engineers, doctors, etc, because that encourages greater investment since the labor pool is deeper.
But no, we'll instead block cheap imports and encourage more blue-collar work, and if we take that too far, we'll end up in a similar situation as we did back in the Great Depression when demand just evaporates.
We should let developing countries develop and focus on what developed countries are better at: innovation. Attract top talent and keep investment dollars flowing so the R&D jobs stay.
I mean, what is the reason those Indian engineers chose the US over India?
Adjust to your new reality pal
LOL losers, your education is shit compared to Chinese.
You've got nothing to offer to the world.
Hold on, in advanced education here in my area of the states, almost half the population of students in classes I see are of Chinese or Indian backgrounds and most are here on foreign visas.
If the education is so shit, why are there so many foreign students studying here and paying insane amounts of money to do so.
I'd think enrollment rates would be a severe lagging indicator of education quality. Institutions could likely coast on reputation for quite some time after education quality tanks. Inertia is powerful, and some could even knowingly decide to go to poor educational institutions just for the status it still gives among peers and in their community.
That said, I have no first hand experience with US higher education, and wouldn't know what the quality really is, just saying that enrollment rates probably aren't a great indicator of it.
True, I would argue though that after a certain amount of time, nobody even cares about the quality, it's the university name on the degree that is truly important.
You can go anywhere on the planet even decades from now and say you're from Harvard (take your pick) and you'll be regarded as a knowledge god even if you were the last in the class to graduate.
Educational quality isn't everything for getting into a good career, it's the reputation, and that is what schools in the US (and a few abroad) have in spades.
'Chinese or Indian backgrounds' so not Chinese.
China leads in 95% of STEM and they're only getting better and widening the gap.
The US has a handful of good Ivy league institutions (invariably using foreign professors and braindrain), the general level is mediocre at best.
Yup and paying insane amounts of money to get in, too.
wow what an argument.
I bet you never went there, it shows
Apologies if English isn't your first language it's called reading between the lines.
Ill draw it out for you: If people would pay that much (yes insane) money to go to "shit" and mediocre institutions here in the states, what does it say about the options they have locally?
So then why do so many US companies have the CSRs in places overseas ? And manufacturing overseas ?
Why did so many US companies decide to utilize those working conditions for labor for US companies ?
So a typical American teacher’s schedule?
Tariffs be damned, I will not buy an American brand car. They've been mediocre my whole life and it's always been easier to source parts for Hondas and Toyotas. I'm not sure how repairable any EV is, but I doubt American brands will top the charts of value in repairability in my lifetime
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.
Yes, but nobody ever expected Germany to be quick and adapt. Germany does not do that in general. It takes something that exists, perfects it, and then sells the perfection of the existing thing, ideally until really not a single person on the world needs it anymore. US on the other hand, has the reputation where innovation begins and does wonders. I am asking myself, where is the innovation in their autoindustry? Last thing was actually Tesla itself, when they started producing first electric cars.
It is the same situation, but the expectation is completely opposite.
Even if they changed how would they win?
They're just too expensive to manufacture as compared to chinese ones.
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.
Oh no! Anyway...
American car companies are focusing on their highest profit center, massive trucks. Milking that market for the short term.
….. regardless of their long term survival. It seems extremely short sighted.
American companies exist to maximize shareholder value. Remember that. There is no company, doing anything, for the better of the world or humanity. At least not as the primary motivation.
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.
No, it relies on massive automation. Similary their solar industry etc
For example
https://www.theenergymix.com/automation-not-cheap-labour-drives-chinas-solar-and-battery-edge-ritchie/
It brings up a valid point. Assembly line manufacturing will soon require massive automation lines to remain profitable, and without massive government assistance in not just money, but education and training, these kinds of automation factories will likely never be fully realized here.
They don't need any government assistance, they just need to take the millions they pay out to stakeholders, and invest them into automation. The money is there, just being handed out to a few people. Why should the government pay for something that sits on tons of cash but won't use it?
If they are too expensive due to cost of labor, they can do, look at other comments, increased automation.
With automation China's advantages over US are mostly in the bureaucratic efficiency area. Both in the government's parts interacting with big companies and in the companies themselves.
US big companies are just too used to preferential treatment and solving market problems with lobbying, which worked when they were the spearhead of progress or something.
Expensive is not a problem it it's followed by the appropriate quality. Also, US should be far more able to use tech to automate and make efficient, same as China can use cheap labour. In the end, a robot is a one-time fee, doesn't get sick, and can work 24/7, easy and fast to learn new processes. Long term a robot will always outpeform a human.
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.
Plus people usually bring it up in a stupid way. Yes they did. Yes we do that too (for all the “we” on the internet). Some amount of that is entirely normal on the global market.
The real problem is US conservatives who understand car manufacturing is a strategic industry but do not want to give that guidance to aid the transition to new technology, US politicians who can’t cooperate on a coherent long term industrial policy, US politicians who can’t look beyond short term profits for their corporate owners, or outrage headlines for their constituents. There’s nothing magical about Chinese companies taking over the industry, nothing hidden, just politicians establishing a strategy and sticking with it long enough to benefit
It will. It really does regulate itself, no /s needed.
Except that happens via some businesses going bankrupt and some adjusting.
And either it's free enough for monopolies to crash, or regulated enough for monopolies to be killed, or both.
If it's neither, then you have today's tech industry.
EDIT: And here the fears are that big companies will go down with their shareholders whining and their political cronies suffering and so on. Whether you want free market or literal socialism, the main problem is in separating private narrow interests from the state machine.
Maybe the USA should heavily invest in the industry of the USA, just like China does, in order to keep up? No, then USian companies would have oversight & have to meet expectations, and we all know that they wouldn’t want that.
That would require companies roll profits back into development and their employees instead of pocketing it all, schemes like stock buybacks and wall st traders.
I hate that the US is like this. People would EASILY pay more for American if the quality was there. But ffs they don’t even try anymore. They just make slop and expect us to pay more for it.
Which sucks because I did use to think that “Made in the USA” meant better quality.
Were you born in 1960 or something? That hasn't been true for 50+ years
Also labor price is unmatched. Nobody would work for the wage they give to children in China, so you can't really go that much cheaper while not sacrificing safety.
Not saying Chinese cars are that well made.
Very few children work in china right now, Chinese workers even have 5 days of vacation a year by law.
That's 5 more than the US....
There were probably more children working on farms in the US than in china, and I remember something about Florida wanting to reinstate child labour again?
This is the slavery they are refrencing i think.
BYD did get caught using slave labor.
https://apnews.com/article/brazil-slave-labor-china-car-factory-byd-991c5670eefdd564fd465648b77b3869
Yes, there may not be child labor. But in places we cannot see, there are still black industry chains. A brick factory was exposed some time ago. They let some people with low IQ or disabilities work. They were not given masks, and the air was full of dust. They may work more than ten hours a day or even more. What is the difference between this and slavery? I just want to give this example to illustrate that there are still many black-hearted factories in society, and there is also the possibility of employing child labor. In China, young people who have not studied will choose to work in factories, but they must be at least 16 years old. If they are younger, they will not be hired. Back to the issue of BYD, although we are proud that it can be recognized by the world as a Chinese brand, and many people in China also buy it. But recently there have been some news that they blindly work overtime within the company, and have meetings after get off work, etc. Someone exposed the chat records within the company. We are all ordinary people. We just want to fight for our rights. Even if it is a big company, as long as it exploits people, we must oppose it.
Lol, managers are Tesla are contracted for 80hr work weeks...
Agreed! Fuck em all!
Yes but they are trying to better themselves, it's a slow process, but there is progress. And they came a long way since the 70's.
Countries like America are going backwards. At this rate the USA is a worse country for the working class than China in 20 years, if not already.
We still have a question, why do we work so hard when we have achieved what we have now? We envy people in Europe, who have easy work. Every time we take a holiday, we have to make up for it with more working days. You often say that Chinese people are hardworking, but the younger generation does not want to suffer unnecessary hardships. We realize that we come to this world to enjoy life, not to spend the best decades of our lives working.
I think it's about being content with what you have. Not always wanting more and bigger and better. I have a comfortable salary, nothing too much, loads of people earn way more, but i can pay my mortgage and all other costs, don't have to worry about losing my job. And still have enough money left to spend on nice things.
I don't have to save up loads of money for medical bills or other unfortunate events. I can just easily live my life.
That having said I'm still fed up with the daily grind, so I'm selling the house now to retire early somewhere in Spain or Italy, hopefully going off grid somewhere in the mountains enjoying peace and quiet and nature, embracing my inner hermit.
I also want to save money to buy a house in our village. Most of us came to the city from the countryside, but I don’t have enough money. I don’t think I am not ungrateful, but the salary of the company is indeed lower than the industry average. That’s why I think so. Your life seems wonderful — I truly wish you all the best.
I agree with this. No country has ever been like China, which has grown from the founding of the People's Republic of China in 1949 to the world's second largest economy. This is all the joint efforts of the people and the government. But we are not like our parents' generation, who were satisfied even with low salaries, and always had a smile on their faces, often saying that they were working to build a new China. We are in our twenties now, but our bodies are already in our thirties or forties. We stay up late every day and have to work overtime, and we don't like working. We refuse to work overtime for any reason, work in bad weather, and give ourselves very low salaries. This is not for the motherland but for the capitalists who seek personal gain.
Like we don't have child labor here in the good ol' USA.
They're being pretty ruthless about grabbing all the world's resources to make them as well.
No the rest of the world has been sleeping when China silently bought all the mines and harbors in the past decades.
If our CEOs and business leaders are supposedly the world's best, why didn't they spent their capital shutting China down instead of their lavish lifestyles and payouts for their wealthy stockholders? I guess they aren't as good at running businesses as they claim to be.
When the only goal by law is maximize profits, the motivation tends to favor minimizing cost. Change the rules, and enforce a new set of values. Only then will the situation improve.
That and the fact that these people aren't patriots. They're looters. They don't believe in America per se. They believe in the economic system that advantages them and disadvantages others. It's just that simple. America is no longer a land of opportunity. Perpetual poverty is their goal. Keeping people down is the point.
I have to concede that i believe you might be right about that, sadly.
China is performing a new colonialism. Exploiting poor countries for their cheap resources.
While the rest of the world is trying to steer away from it because it is so horrible. So please, don't praise China for it.
You don't understand colonialism much. They aren't taking anything by force like the rest of the west did for centuries.
They are doing business, there is a difference.
That’s true, but we could subsidize the cost of labor too. People make a living wage, but the company pays less than that because government covers the difference.
China has compulsory education for children just like America. There's no child labor in China.
They pay adult workers less in China, but these yuan has 7x buying power than the dollar in China
That's what Chinese propagandists want you to think, there are way more people living in (borderline) poverty (per capita) than in the US.
Social media is being fed with a slice of mainland China, but anything beyond that is people struggling to keep ends meet.
But it would also help american people. Which is more important, I wonder.
Meanwhile, instead of trying to compete they cripple all EV advancement to make a quick buck on fossil fuel.
BYD? Wait until you see the Xiaomi car LOL!
Good, let's do it. I'm tired of our tax money keeping shitty car companies floating.
Only if they chose not to compete
Have you seen those byd cars on YouTube. Their mid price cars look like high end Mercedes over here. Meanwhile Ford and Chevy will sell you a $75000 pickup with all plastic interior.
None of the legacy companies are competing. Ever. The best we can hope for is rivian and other new players filling the gap.
I've test driven a few BYD models here in Australia. 50 thousand dollarydoos for an electric car that goes 400+km, can power your house in a blackout, has all the normal electric car performance (6 seconds to 100kmhr) and is chock full of user comforts and safety features.
There are a LOT of these getting around in Brisbane, and for good reason. I didn't get one this time round, but by the time the lease expires on my Volvo EX30 in 4 years, I'll be looking pretty hard at BYD. Especially if they get their new solid state batteries going by then.
The income stream would disappear, their operations would collapse and that would just be the end. There would not be another manufacturer that would flourish in the void left behind. Without the institutional know how and the existing structure, supply chain the current car manufacturing industry would never be able to restart if it ever stopped.
The social darwinism of the globalist free market is meant for crushing the spirit and bargaining power of individual workers, they are replaceable, disposable, interchangeable. General Motors and Ford aren't.
I think that's kind of the point. What the current case industry is doing is getting them smoked. They need to let go of the past the "institutional knowledge" that's exactly why Ford and Chevy won't compete with Chinese EV. Those are built from the ground up for the modern era with modern leadership modern supply chains building institutional knowledge that matters today and into the future. I would love nothing more than to drive a Ford EV. I am considering the f150 lightning but in comparison to things I see online it's really far behind.
The problem is the world is transitioning to EVs, and burying your head in the sand won’t change that. Legacy manufacturers could be trying to find their place in the new world while they can, or they can stick with technology of the past, let someone else come to dominate the new technologies, and be left with a ever shrinking market until they disappear
Well they'd have to cut c-suite and shareholder's cut because everything else that could be squeezed out has already been squeezed out, so the c-suite and shareholder will convert their money into the political power it takes to just block out the competition.
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.
That might be true, but also a certain revolutionary purging of world politics would do a lot to return to something close to that. The golden age happened after the world war and decolonization, when western countries were full of veterans, and laws governing their lives were much simpler.
Internet-assisted direct democracy, open borders, open trade, radical changes in patent laws, simpler laws generally - all this can exist.
We simply have too much legacy everywhere strangling development.
The bad guys are trying to make it appear that the only legacy that can be stripped is that of French revolution ideals, human rights and civilization. That actually we don't have to strip, that is all good. Just them.
It's normal. Sometimes humans need surgeries, and sometimes a part of an old building has to be dismantled - maybe there's a pipe in the wall that leaks, or maybe you need to retrieve a human skeleton found using some new technology, whatever. And you throw out garbage regularly.
So a reform for direct democracy (with ranked choice between variants having, say, 1000+ initial supporters in some incubator to get to the vote itself, because we have computers, storage and connectivity to make everything desirable for such) IMHO would go a long way to fixing half the problems in the world.
I think that's the crux of it. Nobody with money to do big things is asking, "What does the world need?" They're always asking, "What can I convince the world it needs so it will give me even more money, and how can I retain exclusive rights to it?"
The human race absolutely has the capacity to turn the world into a wonderful, plentiful place for everybody, but those with the means of starting that are more motivated to acquire more and more for themselves, and most of the common people don't trust the world enough to entertain sweeping proposals because what if it's a trick or just doesn't work?
Really, why is that? Is it maybe you are too greedy and make garbage? Is it? Hun?
Fuck executives.
That's part of it, but it also helps that the Chinese government heavily subsidizes their auto industry.
Tbf so do we
Not nearly to the same amount.
Remember when China gave its biggest auto manufacturers $85 billion to keep them from going out of business when they made a bunch of bad financial decisions? Oh wait that was the US.
Anytime we bail out a company, I think we should nationalize it. We should just buy it from them.
BYD?
Sounds great, when do we start?
I hate that villains set our country's laws.
Because it's available to anyone. Not just Chinese owned companies and every other auto maker has similar taxes.
Bring Your Drink.
I'd drive one
That's fine.
So Canada, how are they?
We can't buy Chinese EV's in Canada thanks to the 100% tariff imposed by the GoC. I wish they'd get rid of the tariff. Our cheapest EV option right now is the Fiat 500e and that starts at over $30,000.
I guarantee u US pressured Canada into not allowing byd
Good? Also is the american car sector not already dead from the us becoming a tariff issueing pariah state?
How does it compare to tesla in terms of privacy, ownership (DRM) and stuff?
Well, this is where specific targetted protectionist policies can work, provided they are used just to buy time to catch up, deploy industrial policy, subsidies, to differentiate and for RnD and not just to bury your head in the sand and keep making expensive shit products.
Whatever can be destroyed by the truth should be destroyed by the truth. (https://quoteinvestigator.com/2016/03/13/destroy/)
Also, slave labor.
Lmao, Chinese shills are actual news now? Fucking low as it gets.