this post was submitted on 01 May 2024
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[Dormant] Electric Vehicles

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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

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[–] [email protected] 4 points 7 months ago (10 children)

at this point I'm open to chinese world hegemony if it means I get a house, a union, and a carbon neutral economy

[–] [email protected] 3 points 7 months ago (2 children)

at this point I’m open to chinese world hegemony if it means I get a house, a union, and a carbon neutral economy

Have you looked at China today to see what each of those things looks like in China? Hint, its surprisingly worse in those 3 things than the USA, which is already a low bar.

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[–] [email protected] 4 points 7 months ago

Whatever their quality, which seem to be below American but above European in terms of reliability, they're still going to be cheaper and better then a chewed up Altima on it's 12th owner at a usurious 15% APR being sold at predatory "buy here, pay here" lot that plague low income American neighborhoods like a herpes infection.

All current automakers selling cars in the use including Koreans, have been happy to screw over American customers with oligopolistic pricing for decades.

To quote a great philosopher "There's not a damn thing funny. You gotta have a car in the land of milk and honey.". An automobile is a critical tool for economic mobility in the states and the US has been happy leave a auto underclass forced to buy garbage used cars at eye watering APRs. Loans all backed by Wall Street criminals.

A car maker like BYD could not come soon enough.

[–] [email protected] 4 points 7 months ago (1 children)

The average car sale price in the US is almost $50K.

US automakers have decided to relegate a large chunk of the population to the used market while also ensuring with all the electric extra bits that the used market will be entirely unreliable in 10 years.

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