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All the major US OEMs are dead companies walking. Even the CEO of Ford said if Chinese automobiles are allowed into the US it will be the death of US manufactur

All the major US OEMs are dead companies walking. Even the CEO of Ford said if Chinese automobiles are allowed into the US it will be the death of US manufacturing. Total acknowledgment US vehicles are inferior, but no desire or drive to compete, only stifle. It’s sad, and the outcome is entirely predictable.

BLKNSLVR 2mo ago
... and inevitable. It's even predictable and inevitable based on that fundamental tenet of capitalism: the market. It's weird kinda knowing what the outcome is going to be, but not knowing exactly how we're going to get there and how long it's going to take. Feels like it's all in slow motion.
- testing22321 2mo ago
  I also want to hold a short position on them, but the number of times they’ll be bailed out is essentially infinite, so that won’t work.
  - BLKNSLVR 2mo ago
    Go short soon before the next US election maybe? But you're right in terms of, if they don't get bailed out it could bring pain to certain demographics that any side of politics doesn't want to get blamed for. It's hard to see either side making the difficult decision to inflict mid-term pain for, maybe, very long term gain. Not a concept voters will accept. Need a consolidation auto-makers in the US to maybe rationalise things a bit?
neogodless 2mo ago
It will be interesting to watch such predictions play out. I'll guess that it's not quite like that. First, propaganda is powerful, and people buy based on what they believe. And right now, U.S. car buyers do not universally believe that EV is better than gas/hybrid, nor do they believe the cheapest car is best, or that features are the only thing that matters. In fact, they go to a dealership, probably for a brand they are already somewhat loyal to, or the marketing worked. And they buy whatever their monthly payment allows, even if it's a lot more car than they need. Second, they like big "American" cars like pickup trucks and huge SUVs. Take a look at how many full-sized pickups are sold every year in the U.S. Until the foreign-made full-sized electric trucks are palatable and competitive with what U.S. buyers are currently buying, those OEMs will continuing making and selling them.
- testing22321 2mo ago
  > Second, they like big "American" cars like pickup trucks and huge SUVs Do they genuinely like them, or do they just not know they could have it better? Even the people that speak loudest against universal healthcare quickly turn to go fund me when life happens.

BLKNSLVR 2mo ago

... and inevitable. It's even predictable and inevitable based on that fundamental tenet of capitalism: the market. It's weird kinda knowing what the outcome is going to be, but not knowing exactly how we're going to get there and how long it's going to take. Feels like it's all in slow motion.

testing22321 2mo ago
I also want to hold a short position on them, but the number of times they’ll be bailed out is essentially infinite, so that won’t work.
- BLKNSLVR 2mo ago
  Go short soon before the next US election maybe? But you're right in terms of, if they don't get bailed out it could bring pain to certain demographics that any side of politics doesn't want to get blamed for. It's hard to see either side making the difficult decision to inflict mid-term pain for, maybe, very long term gain. Not a concept voters will accept. Need a consolidation auto-makers in the US to maybe rationalise things a bit?

neogodless 2mo ago

It will be interesting to watch such predictions play out. I'll guess that it's not quite like that. First, propaganda is powerful, and people buy based on what they believe. And right now, U.S. car buyers do not universally believe that EV is better than gas/hybrid, nor do they believe the cheapest car is best, or that features are the only thing that matters. In fact, they go to a dealership, probably for a brand they are already somewhat loyal to, or the marketing worked. And they buy whatever their monthly payment allows, even if it's a lot more car than they need. Second, they like big "American" cars like pickup trucks and huge SUVs. Take a look at how many full-sized pickups are sold every year in the U.S. Until the foreign-made full-sized electric trucks are palatable and competitive with what U.S. buyers are currently buying, those OEMs will continuing making and selling them.

testing22321 2mo ago
> Second, they like big "American" cars like pickup trucks and huge SUVs Do they genuinely like them, or do they just not know they could have it better? Even the people that speak loudest against universal healthcare quickly turn to go fund me when life happens.