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>The introduction of cheap Chinese autos — which are so inexpensive because they are backed with the power and funding of the Chinese government — to the Americ
by 1970-01-01 3y ago
>The introduction of cheap Chinese autos — which are so inexpensive because they are backed with the power and funding of the Chinese government — to the American market could end up being an extinction-level event for the U.S. auto sector,” the organization writes.
This would never happen. The industry is too big to fail. It would get bailed out just like it did during the 2008 crisis.
- seanmcdirmid 3y agoI don't know. It seems to me that every American brand other than Tesla is pretty much a non-concern outside of pickups. We could always wind up with America car production being dominated by the Germans and Japanese along with Tesla, with Ford, GM, and Chrysler being a thing of the past. Heck, we could wind up with Chinese autos produced in the USA, because how different is Mississippi from Henan anyways?