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U.S. Auto Industry Facing Growing Threat from China, New Report Says

clasione

clasione

The Boss
Staff member
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08/26/19
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West Palm Beach, Florida
www.autobuyersmarket.com

U.S. Auto Industry Facing Growing Threat from China, New Report Says​


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WASHINGTON, D.C. – Despite the fact that the country does not directly sell vehicles to United States consumers, a new report indicates that Chinese automakers are constituting a growing threat to America, capturing an increasingly large number – and rising – of sales throughout Asia, Europe, and other countries around the world that the U.S. also exports to.
 
The threat of the Chinese auto market on the United States automobile industry stems from the fact that the Chinese auto makers would leverage on the cheap labour provided by the Chinese labour market to deal their cars at prices that are really competitive compared to the US models.

I think US auto manufacturers should dwell on innovative ways to make their pricing more competitive because American cars are very expensive.
 
Well, the Chinese most times are good at what they do. So it isn't surprising that chinese automakers are constituting a growojg threat to America auto market.

Sure, with their expertise capturing an increasingly large number of auto sales around the world for them would not be a problem.
 
The United States have to admit that they're not the world power when it comes to automobile manufacturing, they are just playing catch up to Japan, Germany and some other car manufacturing strongholds. I have never seen a US manufactured car being driven in my country commonly. I am not surprised that the Chinese car manufacturers are giving the US car manufacturers a run for their money.
 
China have always been one of the leading country when it comes to technology development and advancement. This is part of the reason why the United States of America have never seen eye to eye with how fast China is developing technologically. I'm not surprised in any way that they are setting up as a big threat to the US market.
 
Honestly speaking, apart from the luxury cars that US are making, they are not considered a market share threat to any major car manufacturing countries. China has been sleeping on car technology for a long while, that's why they haven't surpassed the US on car technology.
 
Fidelia said:
Honestly speaking, apart from the luxury cars that US are making, they are not considered a market share threat to any major car manufacturing countries. China has been sleeping on car technology for a long while, that's why they haven't surpassed the US on car technology.
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Yeah, that's very correct. No matter the kind of cars America is building, Japanese cars will always be ahead because they are even patronizing Japanese companies when it comes to the cars they are driving in USA.
 
I never knew that US cars had significant sales in Asia where the Toyota, Kia and Hondas of this world originate from. I think the report is baseless because the US automobile industry only thrives on luxury cars and most Asian car brands don't find that niche business worthy.
 
I was not surprised to read about the issues facing the US auto industry due to China's rapid growth. China has already eclipsed Japan as the world's leading automobile exporter in 2023. In addition, they are now paving the way for producing electric automobiles, which is excellent news as the globe slowly shifts toward electric vehicles.
 
Until recently, Tesla was the biggest EV maker but recently, BYD, a Chinese company, has taken over Tesla to become the biggest manufacturer of EV. China also happens to be the biggest market for EV, covering 55 percent of the market share.
 
It is very correct that China poses a significant threat on the US automakers . As strange as it may seem,. there are certain factors that make this happen and it is as a result of the rise of Chinese electric vehicle manufacturers and access to the necessary resources like the earth materials, also contribute to it.
 
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