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In Reply to: China is Coming: Observations from an Expert In Depth (Cars) posted by RGA on November 19, 2021 at 06:06:50:
That includes cars. And why should they? Car companies aren't loyal to countries, they're multinational entities that manufacture and sell their products all over the world. Most of the GM cars sold in the US aren't made in the US, for example. Car makers sure as hell aren't loyal to consumers, either.
Car makers have headquarters all over the world, too, and design and research centers.
Why should anybody care where a car is made or who makes it?
The average out the door price of a new car in the US is now $42,000. Average monthly payment is $600. The total debt owed by US consumers for their auto loans is greater than the GDP of Australia.
Legacy car manufacturers are content to build fewer cars and sell them for more money. Toyota reported record profits for the third quarter despite a 40% cut in production of all vehicles except trucks.
There's an opportunity for an enterprising car maker to sell vehicles to car buyers who've been abandoned by the manufacturers. As long as the car is good, why should anybody give two shits where it was built?
The blissful counterstroke-a considerable new message.
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Follow Ups
- Consumers don't care where things are made. - ghost of olddude55 11/20/2104:16:58 11/20/21 (10)
- "sell vehicles to car buyers who've been abandoned by the manufacturers"... - dark_dave56 05:58:14 11/20/21 (9)
- You're under the illusion that they're in business to make cars. - ghost of olddude55 06:11:59 11/20/21 (8)
- RE: You're under the illusion that they're in business to make cars. - b.l.zeebub 08:35:11 11/20/21 (0)
- No--they're in the business of SELLING cars... - dark_dave56 06:35:36 11/20/21 (6)
- They're in the business of making money. - ghost of olddude55 06:44:09 11/20/21 (5)
- But you are the exception, not the rule... - dark_dave56 07:17:01 11/20/21 (4)
- You still don't get it... - ghost of olddude55 07:36:32 11/20/21 (1)
- Yeah, I do... - dark_dave56 08:15:05 11/20/21 (0)
- Just the monthly rant... - E-Stat 07:21:09 11/20/21 (1)
- My arm hurts at the injection site. - ghost of olddude55 07:46:38 11/20/21 (0)