Ford & GM R TOAST

[tjscott0]

Perhaps VW BMW & Mercedes as well.
China has excess vehicle production of high quality lower cost EV & hybrids. And their domestic market is saturated. So China corporations expand overseas. Not only shipping vehicles but constructing assembly factories in foreign nations to mitigate tariffs.

https://www.reuters.com/commentary/breakingviews/chinas-record-car-exports-set-collision-course-2026-07-15/

The country’s automakers plan ​to boost overseas production to 3.4 million vehicles by 2030, compared with 1.2 million last year, according to research from consultancy AlixPartners. BYD (002594.SZ), opens new tab, which jacked up exports by around 90% last month, says its new Hungary plant will open later this year, and it’s already hunting for a second site ​in Europe.

Accelerating exports and overseas production will outpace the rest of the industry.

https://www.washingtonpost.com/business/2026/07/09/china-autos-exports-evs-cars/260d2fc6-7b81-11f1-b194-f872dd4ec5aa_story.html

China has reported its exports of passenger cars surged 80% in June from a year earlier, while domestic sales sank 26%, according to an industry group

In the first half of this year, Chinese passenger vehicle exports jumped 72% to more than 4.4 million, according to the China Association of Automobile Manufacturers.

China’s passenger car exports could grow by 30% to 50% for the whole of 2026 from a year ago, said Stephen Chan, an analyst at S&P Global Ratings.

China’s Car Exports Top 1 Million Mark for the First Time in June

[tjscott0]

Peter Navarro’s call to arms!

China’s EV pirate ship is coming for Western carmakers

The Chinese auto company BYD is plundering global car markets. In response, Europe is dithering, Canada is opening America’s northern gate, and Mexico is becoming the southern staging ground for China’s assault on the U.S. auto market.

This is how industrial wars are lost: not by surrender but by letting the predator encircle markets while its would-be victims temporize.

BYD is a microcosm of China’s pirate business model: copy, absorb, subsidize, scale, dump and dominate. It began life in 1995 as a battery maker. Today, it has blown past Tesla to become the world’s largest producer of electric vehicles, selling 4.6 million in 2025, including about 2.26 million pure battery-electric cars. Tesla, by comparison, delivered about 1.6 million.

This wasn’t always the case. BYD’s early cars were notorious for being copies of Toyota and Honda designs.

Yes Peter. But they aren’t now. They are better and cheaper. Too late Peter!

China then further developed its pirate model, offering foreign automakers access to its vast consumer market through joint ventures and the devil’s bargain of forced technology transfer. Through this, it extracted engineering methods, factory discipline, supplier networks, quality systems and research capacity.

Which US corporations & US government encouraged and joined in. Always with a view to the short term gain. The Chinese have beaten us!
What the American consumer has; is access to crappier US EVs. Ford & GM EVs are better than in the past but still lag China’s product. Plus they cost more.

The EU thinks it is fighting back with a 17 percent countervailing duty on BYD. But that is not industrial defense. It is a cover charge.

The EU is not fighting BYD with the necessary force because it is not acting like a union. It is malfunctioning as a loose confederacy of vulnerable nations, each with its own China pressure points. In fact, when the EU voted on final countervailing duties on Chinese EVs, only 10 member countries backed the measure. Five voted no. Twelve abstained.

As the home of Volkswagen, Mercedes, BMW, Audi and Porsche, Germany should have been a supporter. But Germany sells China far more than just cars: machinery, chemicals, electrical equipment, precision tools and industrial components. So, Berlin voted against the tariffs because Beijing could retaliate across its whole export-dependent economy.

[albaby1]

@tjscott0

The EU is not fighting BYD with the necessary force because it is not acting like a union. It is malfunctioning as a loose confederacy of vulnerable nations, each with its own China pressure points.

The EU is a loose confederacy of nations. And it’s not merely that each has their own China pressure points - they also have very different interests when it comes to the automotive sector. Some EU countries have a lot of auto manufacturing, and some have very little. Their calculus about whether it is good for their citizenry to exclude more affordable automobiles - which benefits domestic automakers but harms domestic consumers - is very different for each country.

Share of direct automotive employment in the EU, by country - ACEA - European Automobile Manufacturers’ Association