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submitted 10 months ago by BrikoX@lemmy.zip to c/globalnews@lemmy.zip

Senate Banking Committee chair called Chinese EVs an "existential threat" to the US motor industry.

Archived version: https://archive.ph/4RY84

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[-] astraeus@programming.dev 9 points 10 months ago* (last edited 10 months ago)

You know what, the US automotive industry has only served to produce useless vehicles with lower quality standards than anything other manufacturers produce. They cost the American taxpayers over $30 billion during the market crash of 2008 and most “US” brand parts aren’t even made in the US anymore. Toyota makes more “American” vehicles than GM or Ford do at this point and Chrysler is owned by Fiat (Stellantis which is a Dutch conglomerate that somehow is actually more of Peugeot than Fiat or Chrysler at this point? It’s a European super-conglomerate).

this post was submitted on 12 Apr 2024
30 points (82.6% liked)

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