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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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.
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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.
What Ford European line? They discontinued the Mondeo and their minivans. Now it's hatch or crappy SUV. Or Mustang. Oh wait. Focus is end of life too now. It's mustang or crappy crossover SUVs only.
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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.
I've test driven a few BYD models here in Australia. 50 thousand dollarydoos for an electric car that goes 400+km, can power your house in a blackout, has all the normal electric car performance (6 seconds to 100kmhr) and is chock full of user comforts and safety features.
There are a LOT of these getting around in Brisbane, and for good reason. I didn't get one this time round, but by the time the lease expires on my Volvo EX30 in 4 years, I'll be looking pretty hard at BYD. Especially if they get their new solid state batteries going by then.
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Its largely american cope that they are not that good at manufacturing anymore. Chinese factories build things to spec, and the customer asks for cheap, so they get cheap.
They also iterate very quickly.
First car design - "functional" is being polite about it.
Fifteen years later when they are on their tenth revision - pretty damn good.
Meanwhile US car manufacturers can squeeze in a revision/refresh every 5 years if they're lucky.
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Former GM Executive: BYD cars are better and cheaper than American. If we let BYD into the U.S. Market, we wouldn't be able to be greedy and enshitify our products any more, which would end up destroying american car manufacturers.
FTFY.P.S. Actually the average american would be benefited from that
Well, nearly half a million mostly union jobs would also be lost, causing a minor recession at the very least. Even if the jobs partially come back in the form of BYD plants, they probably wouldn't be union jobs.
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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.
That’s true, but we could subsidize the cost of labor too. People make a living wage, but the company pays less than that because government covers the difference.
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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.
Maybe they should advocate for better fuel regulations and densification
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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.
Which sucks because I did use to think that “Made in the USA” meant better quality.
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All of them that I know of. Which corporations do you see running unsustainable business models until they fold completely? Take your time, I'll wait.
The point is that they eventually change their tactics. In this case, they'll have to eventually increase their prices.
Even big companies ran gigantic losses for years, just to undercut the competition and emerge as the only winner.
Some do it because they have other cash cows Epic store milking Fortnite), others have VC funding, like Uber.
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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
That's what Chinese propagandists want you to think, there are way more people living in (borderline) poverty (per capita) than in the US.
Social media is being fed with a slice of mainland China, but anything beyond that is people struggling to keep ends meet.
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Even big companies ran gigantic losses for years, just to undercut the competition and emerge as the only winner.
Some do it because they have other cash cows Epic store milking Fortnite), others have VC funding, like Uber.
Yes but after they win they have to raise prices...
