cross-posted from: https://lemmy.ml/post/15089465
Americans Are Open To Cheap Chinese Cars. That’s ‘Scary’ For The Rest Of The Auto Industry
cross-posted from: https://lemmy.ml/post/15089465
Americans Are Open To Cheap Chinese Cars. That’s ‘Scary’ For The Rest Of The Auto Industry
Performance isn’t “high performance racing stuff”, it is ride comfort, normal cornering stability, stopping stability, general safety, etc.
I lived in China for 12 years. Folks there bought foreign brands even though they cost more because they were just better.
Now I live in Vietnam, as people here transition from motorcycles to cars, they have plenty of choices and most choose non-Chinese brands. Toyota and Hyundai are the biggest sellers for sedans, they and Ford are the biggest sellers for SUVs, Toyota, Mitsubishi, and Ford are the biggest sellers for the light trucks (Ranger, Hilux, etc).
That’s great for legacy manufacturers to be able to compete in those segments. However it might be completely different with EVs, where legacy manufacturers only have a small number of a few high priced models, and are backing off from them.t. Theyre not even trying to compete. They have no history of good vehicles. They don’t have any ready alternatives. Maybe things are different outside the US, but legacy manufacturers are ceding the market to whoever comes