Really enjoyed this, thank you Michael, I was sharing this a few days ago;
“.. A billion people innovating as fast as they can in one of the most technologically advanced societies on earth, all with relatively brand new infrastructure, consistently pulling in an agreed common direction > “ https://youtu.be/Xuv87xMDBho?si=J5s64A5gJ_lhVAHL
Needs the equivalent of an Automotive Manhattan Project to survive; and tariffs alone will not be enough to ensure survival. When you post information such as this article, it reinforces for me, that Detroit needs that Manhattan Project… yesterday!
Insightful article. It looks like SAIC is building the type of cars that the consumer wants to buy, which is a good sign of free market in action. However the tone seems to indicate that it is somehow a bad thing. The Mexican consumer is presented with a choice between a Chevy Aveo and a Chevy Silverado, and they are choosing the one that suits their needs.
Better off. But, as with all things in life, there are tradeoffs. Every Chinese car exported to Mexico means one less car built by Mexico’s own industry.
MG is doing very well in Australia, too. And badged as MGs.
Really enjoyed this, thank you Michael, I was sharing this a few days ago;
“.. A billion people innovating as fast as they can in one of the most technologically advanced societies on earth, all with relatively brand new infrastructure, consistently pulling in an agreed common direction > “ https://youtu.be/Xuv87xMDBho?si=J5s64A5gJ_lhVAHL
Needs the equivalent of an Automotive Manhattan Project to survive; and tariffs alone will not be enough to ensure survival. When you post information such as this article, it reinforces for me, that Detroit needs that Manhattan Project… yesterday!
Yesss. 100%
Insightful article. It looks like SAIC is building the type of cars that the consumer wants to buy, which is a good sign of free market in action. However the tone seems to indicate that it is somehow a bad thing. The Mexican consumer is presented with a choice between a Chevy Aveo and a Chevy Silverado, and they are choosing the one that suits their needs.
Mexican consumer definitely benefits. Trouble is, GM is handing over its Mexican market to Chinese paertner/competitor.
Good for China, maybe good for Mexican consumer, not so good for Mexico’s auto industry, and not good for GM.
Are average Mexicans car buyers worse or better off with what is happening?
Better off. But, as with all things in life, there are tradeoffs. Every Chinese car exported to Mexico means one less car built by Mexico’s own industry.
And that means fewer jobs, less investment in the home team.
Thank you Michael for these insightful articles. You stated in one of your interviews that the US Automotive industry, meed