Chinese automakers pose a growing threat to their American counterparts — even without selling directly to consumers in the U.S. market.
Sales of China-made vehicles are rising at notable rates in Asia, Europe and other countries outside those continents. China recently reported exports of more than 5 million vehicles in 2023, topping Japan to become the top country for car exports in the world.
That volume from well-established, government-owned companies like SAIC and Dongfeng, as well as newer players like BYD, Nio and others, has catapulted China from the sixth ranking to the top seed since 2020. It comes amid declining U.S. vehicle exports as companies such as General Motors have cut international operations. U.S. auto exports in 2022, the most recent data available, were down 25% from their peak in 2016, according to the U.S. Bureau of Economic Analysis.
America — fourth globally in vehicle exports prior to 2020 — ranked sixth in the world last year, falling behind No. 5 Mexico, No. 4 South Korea and No. 3 Germany, according to global consulting firm AlixPartners.
New headline: American automakers not making car people can afford.
Yeah maybe we want an affordable smaller electric car that’s not a 60k SUV.
Kia Niro is nice, not too pricey
You could not pay me to ride in a Chinese made car. Have you ever seen what happens to one in a crash test? They crumple like tin cans. If you’re in an accident in one where either vehicle involved is doing more than 50 mph your odds of survival are pretty much 0. One of the few instances where being ejected from the vehicle probably increases your survival odds.
All Polestars and some electric Volvo cars are currently only made in China. Yet they are volvos in every sense of the brand. Volvo(and Lotus) is owned by the chinese car manufacturer Geely.
Is this why we can’t import Chinese cars in the U.S.? They’re actually affordable and desirable?
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This is a sad ass article with some sad ass comments attached. For background, China subsidizes BYDs electric vehicle production (not domestic sales) as a result they have literal fields of low quality cars they cant sell that they’ve been dumping on the third world.
Things many not be going rosy for any of you, but dont think for a second that the grass is any greener in China. You guys buy a BYD, you’re buying a coffin that will take the fire department hours to put out.
I’ve read it a few times that China is due to take over as the worlds biggest economy by the year 2040/2045