Mexico will buy Chinese cars because the value proposition and that means US automakers will not own the Mexico car market. That will result in cars with more Mexican plates crossing the border into the US. Chinese EVs are also popular in Brazil and will likely take a decent share of all of south America. Taking into account Chinese EVs expanding popularity in UK, Australia, and South Asia; US brands will meet serious export competition outside the US. Can US automakers survive if its market in future is basically limited the US and Canada ?
It does make sense to import cars from China and export cars to the US... Chinese imports are cheap whereas US exports are expensive. So its a win win for the Mexican consumer and Mexican manufacturer.
Every Chinese car import that the Mexican consumer buys is a lost sale for the Mexican producer. It’s not a win-win, it’s a redistribution.
If Mexican manufacturers cannot sell their cars in Mexico, then the Mexican manufacturers must sell more cars to America, which will result in a price war.
I thought we believed in capitalism? BYD makes a great car at the best price. Definitely better than Tesla. Why shouldn't consumers be able to buy the best product? And we want to protect Toyota???
I assume both the US and Canada will push Mexico to take measures on the influx of Chinese vehicles into the country. Deputy Prime Minister Chrystia Freeland also made comments insinuating as much.
Mexico will buy Chinese cars because the value proposition and that means US automakers will not own the Mexico car market. That will result in cars with more Mexican plates crossing the border into the US. Chinese EVs are also popular in Brazil and will likely take a decent share of all of south America. Taking into account Chinese EVs expanding popularity in UK, Australia, and South Asia; US brands will meet serious export competition outside the US. Can US automakers survive if its market in future is basically limited the US and Canada ?
It does make sense to import cars from China and export cars to the US... Chinese imports are cheap whereas US exports are expensive. So its a win win for the Mexican consumer and Mexican manufacturer.
Every Chinese car import that the Mexican consumer buys is a lost sale for the Mexican producer. It’s not a win-win, it’s a redistribution.
If Mexican manufacturers cannot sell their cars in Mexico, then the Mexican manufacturers must sell more cars to America, which will result in a price war.
Why is this a problem in anyway? Why is chinese tech anymore a threat then Meta or Alphabet?
Maybe you should ask China why it has banned Google and Facebook.
I thought we believed in capitalism? BYD makes a great car at the best price. Definitely better than Tesla. Why shouldn't consumers be able to buy the best product? And we want to protect Toyota???
Fun games just started …. Isn’t it?
I assume both the US and Canada will push Mexico to take measures on the influx of Chinese vehicles into the country. Deputy Prime Minister Chrystia Freeland also made comments insinuating as much.