Ford stopped making cars because they can’t compete with the current crop of cars coming from Japan/Korea and Europe regardless of how much money they throw at the problem. They have their niche with trucks and SUVs and are happy to stay there. China builds cars using massive government subsidies, slave labor, and local resources that aren’t available to anyone else in the world which is why I think it’s right to fight against them because it’s impossible to compete against them just like a small local grocery store can’t compete against Walmart.
You’d have an argument if legacy manufacturers were trying. We could talk about support if they were willing. They don’t want it. They’ve already given up
By “legacy manufacturers” you mean every major auto manufacturer in the world that isn’t based in China?Nobody else is selling new cars for as little as $4k because other countries aren’t using slave labor in mines and factory floors. It’s impossible to compete against that unless you engage in it yourself.
By “legacy manufacturers” I mean those who are stuck on internal combustion engines, and focusing on large trucks and luxury trims.
Average new car price in the US has greatly outpaced inflation and is currently almost $50k, closing in on a full year gross average income. Most people can’t afford that. For that rice you get old technology engine, old technology transmission, same features we’ve had for years.
Yet a replacement for my Subaru is much cheaper, only a little over what I paid nine years ago. It has safety features, electronics, and transmission more innovative than us made cars costing twice as much. Many more people can afford this vehicle, and it’s similar in price to what Chinese cars are selling for in Europe.
We don’t need to compete with $4k cars. We need to compete with cars affordable on average salaries, with new features and unique capabilities.
While the transition to electric vehicles has been politicized, it’s coming and it’s inexorable. “Legacy manufacturers” are those avoiding that change
Ford stopped making cars because they can’t compete with the current crop of cars coming from Japan/Korea and Europe regardless of how much money they throw at the problem. They have their niche with trucks and SUVs and are happy to stay there. China builds cars using massive government subsidies, slave labor, and local resources that aren’t available to anyone else in the world which is why I think it’s right to fight against them because it’s impossible to compete against them just like a small local grocery store can’t compete against Walmart.
You’d have an argument if legacy manufacturers were trying. We could talk about support if they were willing. They don’t want it. They’ve already given up
By “legacy manufacturers” you mean every major auto manufacturer in the world that isn’t based in China?Nobody else is selling new cars for as little as $4k because other countries aren’t using slave labor in mines and factory floors. It’s impossible to compete against that unless you engage in it yourself.
Yet Chinese cars that meet US standards are quite a bit more than that. Where such vehicles are sold in developed markets, they are more like €30-40k
By “legacy manufacturers” I mean those who are stuck on internal combustion engines, and focusing on large trucks and luxury trims.
Average new car price in the US has greatly outpaced inflation and is currently almost $50k, closing in on a full year gross average income. Most people can’t afford that. For that rice you get old technology engine, old technology transmission, same features we’ve had for years.
Yet a replacement for my Subaru is much cheaper, only a little over what I paid nine years ago. It has safety features, electronics, and transmission more innovative than us made cars costing twice as much. Many more people can afford this vehicle, and it’s similar in price to what Chinese cars are selling for in Europe.
We don’t need to compete with $4k cars. We need to compete with cars affordable on average salaries, with new features and unique capabilities.
While the transition to electric vehicles has been politicized, it’s coming and it’s inexorable. “Legacy manufacturers” are those avoiding that change
Why are Japanese and Korean cars also better/cheaper than American cars then?
Citation needed
The US doesn’t massively subsidise auto-makers?
But yeah china bad
They’re not cheaper than American cars. Go price some out.
https://www.reuters.com/world/canadas-trudeau-suggests-china-uses-slave-labor-lithium-production-2023-04-28/
China subsidizes Chinese companies. The US gives subsidies to manufacturers from all over the world via tax credits to buyers.