Davriellelouna@lemmy.world to Technology@lemmy.worldEnglish · edit-22 days agoFormer GM Executive: BYD cars are good in terms of design, features, price, quality. If we let BYD into the U.S. market, it could end up destroying american manufacturerswww.nytimes.comexternal-linkmessage-square370fedilinkarrow-up1812arrow-down118file-text
arrow-up1794arrow-down1external-linkFormer GM Executive: BYD cars are good in terms of design, features, price, quality. If we let BYD into the U.S. market, it could end up destroying american manufacturerswww.nytimes.comDavriellelouna@lemmy.world to Technology@lemmy.worldEnglish · edit-22 days agomessage-square370fedilinkfile-text
minus-squareBob Robertson IX @discuss.tchncs.decakelinkfedilinkEnglisharrow-up7arrow-down3·3 days agoThat’s part of it, but it also helps that the Chinese government heavily subsidizes their auto industry.
minus-squareBob Robertson IX @discuss.tchncs.decakelinkfedilinkEnglisharrow-up3arrow-down2·3 days agoNot nearly to the same amount.
minus-squaremarkovs_gun@lemmy.worldlinkfedilinkEnglisharrow-up15arrow-down2·edit-23 days agoRemember when China gave its biggest auto manufacturers $85 billion to keep them from going out of business when they made a bunch of bad financial decisions? Oh wait that was the US.
minus-squaresurewhynotlem@lemmy.worldlinkfedilinkEnglisharrow-up7·3 days agoAnytime we bail out a company, I think we should nationalize it. We should just buy it from them.
That’s part of it, but it also helps that the Chinese government heavily subsidizes their auto industry.
Tbf so do we
Not nearly to the same amount.
Remember when China gave its biggest auto manufacturers $85 billion to keep them from going out of business when they made a bunch of bad financial decisions? Oh wait that was the US.
Anytime we bail out a company, I think we should nationalize it. We should just buy it from them.