Mercedes-Benz's largest individual shareholder is BAIC, a Chinese state-owned automaker. Sources told CNBC that exemptions in the legislation would not apply.
The fact of the matter is that the US market is shutting out competition because they know they would be completely fucked if they allowed BYD/Geely there. They’re gonna turn themselves into Cuba with old cars that can’t be repaired.
Ford sells globally though, even if BYD is legislated out of the US market, they still need to compete everywhere else - to the point where they teamed up with VW to sell a sedan in EU that they don’t offer in NA.
Or as much of the rest of the world views the Chinese international model: flooding the market with “impossibly” cheap products, being a loss leader everywhere to kill the competition.
What the USA is doing is equally anti-competitive.
So now that the two leading narratives around the Chinese automotive market have been laid out here I still have no interest in shaking dicks about which is right/better.
More competition is good, China catching up ( or even being light years ahead as apologists proclaim ) is a good thing.
In 2023 the top selling car in Europe was American.
In 2024 that car is still the 4th best selling. With Dacia, Renault and VW being in 1 2 3 respectively.
The American market isn’t being shut out, they still have a stranglehold on the continent and their subsidiaries sell quite well in Europe.
I’m not a China apologist, they’re literally more capitalist than the US because of that Deng cunt. And yes, I know that is their idea, Uber and Doordash did the same thing, but at this point American car companies deserve to go out of business.
No, it’s because they are stagnant, complacent, refuse to sell anything people actually want and instead railroads people into buying 100k dollar trucks they don’t need that do nothing but cause trouble, take space, and kill pedestrians, constantly bribe officials to get competitors neutered or banned, and overall treat their customers like actual dogshit. And I think this goes for any car company that sells in the US, they all know American customers don’t fucking care about being treated like shit so they do the same thing. Brazilian car companies did the same exact thing, and BYD and Geely essentially spooked them into lower prices and trying to be more customer friendly.
The fact of the matter is that the US market is shutting out competition because they know they would be completely fucked if they allowed BYD/Geely there. They’re gonna turn themselves into Cuba with old cars that can’t be repaired.
Ford sells globally though, even if BYD is legislated out of the US market, they still need to compete everywhere else - to the point where they teamed up with VW to sell a sedan in EU that they don’t offer in NA.
Or as much of the rest of the world views the Chinese international model: flooding the market with “impossibly” cheap products, being a loss leader everywhere to kill the competition.
What the USA is doing is equally anti-competitive.
So now that the two leading narratives around the Chinese automotive market have been laid out here I still have no interest in shaking dicks about which is right/better.
More competition is good, China catching up ( or even being light years ahead as apologists proclaim ) is a good thing.
In 2023 the top selling car in Europe was American. In 2024 that car is still the 4th best selling. With Dacia, Renault and VW being in 1 2 3 respectively.
The American market isn’t being shut out, they still have a stranglehold on the continent and their subsidiaries sell quite well in Europe.
It’s good that China is catching up.
I’m not a China apologist, they’re literally more capitalist than the US because of that Deng cunt. And yes, I know that is their idea, Uber and Doordash did the same thing, but at this point American car companies deserve to go out of business.
I’ll take the bait, go on. Do tell. Why do they deserve to go out of business specifically? Just a “we hate America” position or ???
No, it’s because they are stagnant, complacent, refuse to sell anything people actually want and instead railroads people into buying 100k dollar trucks they don’t need that do nothing but cause trouble, take space, and kill pedestrians, constantly bribe officials to get competitors neutered or banned, and overall treat their customers like actual dogshit. And I think this goes for any car company that sells in the US, they all know American customers don’t fucking care about being treated like shit so they do the same thing. Brazilian car companies did the same exact thing, and BYD and Geely essentially spooked them into lower prices and trying to be more customer friendly.