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
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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.
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.
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
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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.
They're being pretty ruthless about grabbing all the world's resources to make them as well.
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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.
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.
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Meanwhile, instead of trying to compete they cripple all EV advancement to make a quick buck on fossil fuel.
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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.
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
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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.
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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?
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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.
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Lmao, Chinese shills are actual news now? Fucking low as it gets.
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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.
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So free markets are a terrible idea now and countries practicing import substitution weren't impoverishing their people.
US hypocrisy at it's finest.
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.
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They have never considered actually competing have they?
Michael Dunne has been competing the entire time, for the Chinese. His statements here aren't fear, they're shillery.
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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*
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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.
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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.
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Rivian is losing about $30k per vehicle, but with much lower production numbers.
Thats crazy. Are those public numbers from rivian?
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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.
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.
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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.
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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.
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.
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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.
Must be a pricing issue.
