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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Japan used state capitalism to promote it’s auto industry and other key sectors to sustain strong growth. America’s weakened billionaire owned government system is just being strip mined into the ground. We won’t be able to compete in an economy that’s only product is wealth extraction because of our massive corruption.
Back then American industries were just complacent due to insufficient competition, and Japan's industrial development was a bit of a miracle (that "living in year 2000 since 1980s" joke).
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Good. Fuckem. They make shitty, oversized trucks that are a danger to pedestrians and people who drive reasonably sized cars anyway.
My boss in the UK got one. In bright red. It looks like he's driving a fucking fire engine.
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Oh no! The type of capitalism where we have to compete!
Make it go away, Daddy Trump!
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When Americans of all political stripes finally wake up to global realty, they'll most likely do it lying on a sidewalk, naked in the rain, with their fingers in their ears saying na-na-na-na-na-na...
People will eventually have to face that the economic golden age of the 1950s and 60s wasn't a normal state we can return to if greedy billionaires just let us. The rich definitely grabbed the biggest share of the prosperity, but that brief era of prosperity wasn't normal, it was entirely abnormal, and it's been over for quite a while. We've been fooling ourselves and keeping it going for the last half century by living on credit, and that's about to end. I don't know what new era is about to start, but the American era is over.
That might be true, but also a certain revolutionary purging of world politics would do a lot to return to something close to that. The golden age happened after the world war and decolonization, when western countries were full of veterans, and laws governing their lives were much simpler.
Internet-assisted direct democracy, open borders, open trade, radical changes in patent laws, simpler laws generally - all this can exist.
We simply have too much legacy everywhere strangling development.
The bad guys are trying to make it appear that the only legacy that can be stripped is that of French revolution ideals, human rights and civilization. That actually we don't have to strip, that is all good. Just them.
It's normal. Sometimes humans need surgeries, and sometimes a part of an old building has to be dismantled - maybe there's a pipe in the wall that leaks, or maybe you need to retrieve a human skeleton found using some new technology, whatever. And you throw out garbage regularly.
So a reform for direct democracy (with ranked choice between variants having, say, 1000+ initial supporters in some incubator to get to the vote itself, because we have computers, storage and connectivity to make everything desirable for such) IMHO would go a long way to fixing half the problems in the world.
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Yes. They did. That's called competition. It forces companies to improve by destroying them, except they don't want that. And politicians don't want that, cause it makes corruption unstable.
Killed Detroit too, though. But, eh, helped other parts. It's life.
Thus already in the 90s with the TRON OS a different approach was chosen by US regulators - threaten Japan with sanctions if it's allowed to compete with Windows inside Japan .
They can't threaten China, but they can prevent Chinese competitive goods from entering US market and improving its economy again.
Bad economy - poor and stressed people, poor and stressed people - worse political decisions, worse political decisions - good for middlemen which in our age shouldn't exist frankly. We have the technologies for direct democracy, it's not 1920s.
We have the technologies for direct democracy
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The federal government ended the the EV subsidy a few years ago.
Buyers of any EV not just American EVs.
lmao. We know what slavery looks like, you can see it in the cotton fields outside Angola Prison, rows of enslaved people, and overseer on a horse, all behind barbed wire.
I'm glad you find slavery so comical.
Were these inmates enslaved for their religious beliefs being different than the official party line? We they imprisoned for not wanting to be controlled by a dictatorship? No. No they weren't.
Through 1 and 5 year plans, the CPC uses SoEs (and sometimes just asks private companies "nicely") to ensure the foundational inputs, steel, rubber, chips, college graduates, etc are all available to industry at the specific price point and volume that competing private firms need to produce say, 100m EV or a million more apartments.
Gee, it sure sounds like you're listing even more slavery than I mentioned. Imagine Trump declaring that every college grad needs to make themselves available to build a border wall.
Any country can do a little central planning to make sure private industry has what it needs, but this only works if you're able to take action against companies that exploit the system.
The only exploitation mentioned here is the government exploiting the people. It seems your argument is based on your warped belief that if the US is committing atrocities than it's okay for everyone else to do so, yet your examples are in stark contrast to what's happening here. Your views are frankly quite disgusting and proof of how absurd the Chinese government's propaganda arm is.
Buyers of any EV not just American EVs.
I was talking about china, their federal govt ended ev subsidies in 2022. I suspect some city and provincial level govts still do various types of subsidies.
We they imprisoned for not wanting to be controlled by a dictatorship?
Bro are you trying to justify slavery in the US? You dont have to do that to criticize China. But you have to have to learn about its actual problems, not just accept any silly stories western media comes up with. Try visiting some time, its incredibley cheap, you can rent out decent sized apartments for 15/night in most cities, theres also sleeper trains, combine transport and 1 nights lodging, and food is often <2usd/meal.
Imagine Trump declaring that every college grad needs to make themselves available to build a border wall.
That's not how that works at all, they simply invest more into educating people into a particular field to ensure there will be enough people with the required skills in a particular area.
How did you even misinterpret my post like that?
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We have the technologies for direct democracy
One from the list, yes.
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Oh no! The type of capitalism where we have to compete!
Make it go away, Daddy Trump!
Tbf notoriously China subsidizes BYD to net loss so its not exactly capitalism.
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Maybe GM could, I don't know, innovate?
As an European living in Asia and can't help but cringe at American cars. They're so far behind. And it's the car country. Japan has better cars and better rail. Embarassing.
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My boss in the UK got one. In bright red. It looks like he's driving a fucking fire engine.
My old boss was a huge man who went around in a little yellow convertible. We called him Noddy.
May I suggest calling him Fireman Sam?
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Tbf notoriously China subsidizes BYD to net loss so its not exactly capitalism.
They phased out their subsidies in 2022
They still have a trade in program to get ICE vehicles off the road.
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Tbf notoriously China subsidizes BYD to net loss so its not exactly capitalism.
All car manufacturers world wide are subsidized.
Of course China can make cheaper cars, because most car manufacturers get their parts produced in China anyway.
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Maybe GM could, I don't know, innovate?
Targeted tariffs and protectionism can help a situation like this, combined with subsidies like the ones Trump cancelled, to give legacy manufacturers a temporary respite to retool and innovate. However backtracking on your transition, reverting to the tried and true short term profits is just hiding your head in the sand. GM will find itself increasingly marginalized and more years behind. You can’t hide behind trumps skirt forever
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Tbf notoriously China subsidizes BYD to net loss so its not exactly capitalism.
So do a lot of other governments, to be fair. It's one of those industries that employs a lot of people, and it's always bad press to close it when a bit of money could have kept it. Certainly cheaper than putting thousands of people on benefits.
Plus there's subsidies for domestic sales as well. The UK at least had a grant for plug in cars that they ended a few years ago, presumably just to get the infrastructure up and running.
But then the new vehicle price is neither here nor there in the long term, since most people drive used vehicles anyway. What matters is how many vehicles trickle down to the masses, and whether wear on the battery is a concern. Some of the early smaller models didn't have great batteries to start with, but as a daily driver to the shops and work it'd probably be fine. For some reason the conversation always drifts over to "but what about that one time you drove across the state" or "remember that time you transported a fridge", as if that's something people can't work around for the once a year they do it.
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How does it compare to tesla in terms of privacy, ownership (DRM) and stuff?
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Well China did subsidize that industry massively, to a point were their domestic market is flooded with very low margins. So the market is already very distorted. But I find it hard to hate on that because flooding the market with electric vehicles and solar panels is better than anything economists are coming up with.
Plus people usually bring it up in a stupid way. Yes they did. Yes we do that too (for all the “we” on the internet). Some amount of that is entirely normal on the global market.
The real problem is US conservatives who understand car manufacturing is a strategic industry but do not want to give that guidance to aid the transition to new technology, US politicians who can’t cooperate on a coherent long term industrial policy, US politicians who can’t look beyond short term profits for their corporate owners, or outrage headlines for their constituents. There’s nothing magical about Chinese companies taking over the industry, nothing hidden, just politicians establishing a strategy and sticking with it long enough to benefit
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They could try going for quality or features.
But instead they are only going for size, what 94% of the world does not care for or want. (this includes the 5% of Americans)
American car companies are focusing on their highest profit center, massive trucks. Milking that market for the short term.
….. regardless of their long term survival. It seems extremely short sighted.
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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.
Exactly!
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The same thing happened in the 80s with Japan. The Japanese were no longer making crappy cars but small and very reliable, affordable cars. Detroit was still making rust buckets, obsessing over powerful engines with bodies that rotted out and defects galore. Detroit got beaten up badly (Chrysler had to get a gov bailout) until they cleaned up their act and improved their products. Protecting Detroit from competition would've just saddled US consumers with decades more of crappy, overpriced, low quality, cars.
How Detroit’s Automakers Went from Kings of the Road to Roadkill
What has happened to GM is essentially bankruptcy by other means, and that is an extraordinary event in the political and economic history of our country.
Imprimis (imprimis.hillsdale.edu)
We still don't let in the small pickups the rest of the world enjoys.
Protecting Detroit from competition would’ve just saddled US consumers with decades more of crappy, overpriced, low quality, cars.
And it did. Japanese companies maintained a solid portion of the market in the US, a notable lead in quality, and many consumers no longer willing to waste money on crappy overpriced low quality cars from American companies. American cars were forced to get better and they’re better off for it, but they resisted the entire time, just like today.
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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.
I’m not convinced it’s lack of sales. Trucks are the most profitable to manufacture but sales vary by region and some parts of the country are much more interested in smaller cars, but they ceded that market to Japanese manufacturers
It’s not they they can’t make them or that the sales aren’t there but that trucks are the easy route. They’re more profitable per unit and easier sell in some areas.
Part of this is also sleazy dealerships. Trucks have by far the biggest incentives so sleazy dealerships can get people excited about the “deal” they get over list price
