So only legacy automakers can exploit low cost Mexican labor?
@juanvgaАй бұрын
💯👌
@mazdaratti89Ай бұрын
Bingo !
@dertythegrowerАй бұрын
They are using welfare... thats what you do not get
@dertythegrowerАй бұрын
GM and Ford private companies did that, you are comparing it to welfare byd who gets billions solely to lower prices below ford... you lose the debate, right there.
@dertythegrowerАй бұрын
You fail to realize byd without welfare, is a clone of Tesla, using state welfare to outbid prices of Elon who gave them the ideas. You lose the debate, there, also... i have shorts in elon part factory, you dont.
@Outsider.ReviewsАй бұрын
My issue about him saying we need to protect American automakers so they can get back on their feet is.... They've had plenty of time and they spent it increasing their profit margins instead of trying to grab market shares. They messed up and now need protection to keep their pockets fat
@stargazer3828Ай бұрын
Agreed! The tariffs on Chinese cars is just going to make American automakers drag their feet even slower to create affordable vehicles because the CEO's want to keep squeezing profits out of cars and trucks costing over $60K. If Chinese car companies were to enter the US market that would force American auto makers to reduce their prices in order to compete and that would mean lower profits for investors which the CEO's don't want to happen on their watch so they kick the can down the road until they retire and it becomes the next CEO's problem.
@freethinker4991Ай бұрын
The mismanagement of the US auto industry is a result of decades of complacency and there support of auto manufacture in China. This is shown by how quickly Chines EVs have become such a threat to all legacy auto. US auto industry went into China for cheep labor and now that the Chines have learnt how to build vehicles and can build the cheep then the US they will destroy legacy auto. The US auto industry mismanagement has brought this upon them self and have had to crawl to the government for protection.
@ultrastoat3298Ай бұрын
What he means to say is protect automaker investors
@Outsider.ReviewsАй бұрын
@@ultrastoat3298 I understand what he is saying but... They are filling their pockets with our subsidiaries and not lowering the prices so.... No
@vgstbАй бұрын
@@ultrastoat3298 Tbf, in the US, investor rights take priority on every other right.
@YSKWatchАй бұрын
afraid because someone else is more competitive. reminds me history about US make japan & china open their market more than a century ago.
@Ask-a-Rocket-ScientistАй бұрын
I’d love to see $13,000 Chinese cars on US roads to force legacy auto to innovate. $47k average auto price is insane.
@javim2589Ай бұрын
Nothing stops people from buying a 15-16k Nissan Versa.
@kingkiril5Ай бұрын
its people like you that don't watch the video and mislead everyone. You want to drive a vehicle that spies on you? Why not just invite the Chinese to your employer and let them work your job for you too?
@ojbarberena7090Ай бұрын
Legacy car manufacturers deserve the Chinese competition. The consumer will be better of.
@GForce162Ай бұрын
@@kingkiril5 nah, just admits we fail at capitalism, instead of being a god damn commie!
@JT_771Ай бұрын
Nicely short-sighted. Just what we need
@dansanger5340Ай бұрын
Why block it at all? Remember: "Nobody wants EVs." There's no reason to block something that supposedly nobody wants.
@eddieg6436Ай бұрын
Maybe in the miserable, unimportant “Flyover states”, but here in Southern California there are MILLIONS of EVs! (my neighborhood block has 3 new EVs just this month!).
@rwdplz1Ай бұрын
You want these death traps driving on the same roads as your wife and daughter?
@remix-yy1hsАй бұрын
Hypocrites
@ArthurZakaryan23Ай бұрын
What is one of the primary reasons for so many of these people that "don't want them"? Easy, cost. Of course a BYD in the US for instance wouldn't sell for $15K or less like it does in China but under $25? Very doable and for a car that will easily get 250 to 300 miles of range and for that price, you'd easily get more converts from ICE owners. Of course charging infrastructure is still very lacking in most of middle America but year over year that's also improving.
@buntnikАй бұрын
It’s not EVs, it’s auto parts of all types. Parts made in Mexico subsidized by China.
@hoffrunАй бұрын
Allow China EVs into the market and let's see what the consumers want or don't want.
@seymorefact4333Ай бұрын
⛔⛔our govt protectionism, sanctions, and tariffs only give consumers inferior goods at a higher cost. Blocking competition provides NO BENEFIT to consumers AND workers. Corp get LAZY AND FAT depending on govt bailouts paid for by taxpayers for their "profits"! Consumers get screwed twice....taxes to keep FAT corp open and HIGHER PRICES....VIA GM (GOVT MOTORS), FORD, TESLA!
@lawrencefranck9417Ай бұрын
Bring on BYD and the others. USA/legacy auto makers have lost their collective minds on prices.
@MikeRobotАй бұрын
Why is everyone up in arms about what they are doing? America has done it for decades. Now that the shoe is on the other foot it’s different. I don’t think so.
@dertythegrowerАй бұрын
Cars and prices made with welfare... that gas never existed before. GM and Ford repayed their loan, they do mot get welfare like they do at BYD for example... you simply do not understand the full picture of this industry lately.
@dertythegrowerАй бұрын
i worked 2023 for honda, tesla, gm, etc... you do not understand the market.
@dertythegrowerАй бұрын
byd and others getting billions per, year, unpaid back, full welfare to reduce prices and pay workers.... you lose the argument because as usual you fail to bring that undeniable artificial number from one side.
@dertythegrowerАй бұрын
Nice schooling you kids as usual, above...
@dertythegrowerАй бұрын
Until byd drops welfare they will never succeed long term doing what they do
@southernightsАй бұрын
“Predatory” is American manufacturers charging $100,000 for a pick up truck.
@dertythegrowerАй бұрын
People are buying those. Predatory is using welfare to have the best prices.. aka why you and everyone knows byd... the prices are artificial
@KingBravo-lo3vcАй бұрын
I quit listening when he cited the study that said that tariffs don't increase American prices. I mean it is 100 a percent tax on Chinese cars.
@vorlon81Ай бұрын
@@KingBravo-lo3vc same here . I lost interest when he quotes a single study commissioned by some right wing think tank.
@godofdunАй бұрын
Yeah, I wondered where it was going to go, soon as I saw that I hit stop lol
@johnmcvicker6728Ай бұрын
That tariff has not yet started to be enacted. It is also going to happen in Canada. Will it stop the Mexico back door? Laws should be written with a forethought to how they will get gamed.
@seymorefact4333Ай бұрын
⛔⛔our govt protectionism, sanctions, and tariffs only give consumers inferior goods at a higher cost. Blocking competition provides NO BENEFIT to consumers AND workers. Corp get LAZY AND FAT depending on govt bailouts paid for by taxpayers for their "profits"! Consumers get screwed twice....taxes to keep FAT corp open and HIGHER PRICES....VIA GM (GOVT MOTORS), FORD, TESLA!
@McrOneАй бұрын
that guy has no clue
@hoffrunАй бұрын
In 2000 US auto makers wanted China to do the hard work and shine our shoes , but now China can make our shoes and so now it's a problem ?
@enriquegurria3947Ай бұрын
I’m Mexican and I welcome the Chinese investments in quality & affordable cars. It brings jobs, air quality and a necessary renewal in the automotive industry. If Mexico gets anchored in anachronistic technologies we’re doomed and so is the USA. The talking points of the interviewee are wrong and cynical: there’s no Mexican automotive industry but foreign firms whose output is 9/10 for export. The Mexican markets absorbs the low end, cheap, low security, low quality cars -Nissan Versa, GM Aveo- that will be wiped out by high quality, secure and affordable electric cars. American industries are losing market share because they are driven by easy and short term profits and have obstructed green technologies and supported Old Big Oil. We need to remember how GM killed the E1 around 2000. American industries should try to compete and cooperate within themselves and with Chinese companies instead of fueling commercial wars.
@QuincyHolloway-eb5yyАй бұрын
Well put, well said... funny how the harsh reality of the truth get buried by piles of dirty cash. Kudos, China, Kudos Mexico, Kudos Brazil, et. al. Earth First! Capitalism will ALWAYS follow. Better, cleaner cars that don't burden the owner in operating costs full stop. Drive electric, never go back and quitcherbitchin'!
@yo2trader539Ай бұрын
Let's be real. Automakers bend over backwards to offer no-frill affordable models for developing countries like Mexico, because the majority of your population cannot afford new cars in the US$25,000-75,000 price range like in affluent nations. Do you really believe Nissan makes money selling cheap cars in Mexico? Whatever razor thin margin they have can easily be lost in currency fluctuation. The popular price point in developing countries is around US$15,000-20,000, and to achieve that automakers need to eliminate all the expensive stuff, which results in least expensive interior, minimum tech and infotainment, manual drive, etc. And you're utterly mistaken about Chinese EVs. Mexico will never get the price sold in China because most Chinese automakers are selling cars at a loss in China due to heavy price competition. It doesn't really matter whether they manufacture in China or in Mexico, because automakers are still paying US$70-100 per 1KhW for their batteries depending on grade/quality. (Tesla models in the US mostly use expensive high-grade Panasonic batteries for safety and reliability, while Chinese automakers use cheap Chinese batteries.) If it's an 80KwH battery, it means the battery cost alone is US$5,600-8,000. The battery is about 30-40% of an EVs production cost. You can guesstimate how much they need to price the car to break-even.
@seymorefact4333Ай бұрын
⛔⛔our govt protectionism, sanctions, and tariffs only give consumers inferior goods at a higher cost. Blocking competition provides NO BENEFIT to consumers AND workers. Corp get LAZY AND FAT depending on govt bailouts paid for by taxpayers for their "profits"! Consumers get screwed twice....taxes to keep FAT corp open and HIGHER PRICES....VIA GM (GOVT MOTORS), FORD, TESLA!
@nc3826Ай бұрын
Mexican?.... Who fixated on American politics.... More like somebody from Commiefornia.... No matter what their long-lost heritage is ;)
@seymorefact4333Ай бұрын
@@nc3826 RNC = DNC = UNIPARTY= PONZI CON-OMY= FIAT DOLLAR = FAKE MEDIA = USA AUTHORITARIAN GOVT!
@ferfromlaАй бұрын
Some of what Mr. Iacovella said is probably true. The Chinese are very tough competitors, and like most capitalists, they seek every advantage possible to grow and succeed. It is also true that the Chinese government has contributed mightily to growing their car industry, but that is no sin; it is a political decision on their part, which they are free to make. The US government has bailed out our car industry when times got tough and has provided funding for EV incentives and infrastructure funding. Moreover, if the legacy group runs into deep financial distress, guess who will bail them out again. He did not address the progress in quality and production methods the Chinese have achieved. There is a reason Chinese brands are doing well globally. They are making affordable cars of good quality and have excellent styling and consumer appeal. The truth is that American and European car companies have fallen behind some of the better Chinese companies and are having difficulty competing. My question is, to what extent should the US government continue to protect legacy companies even when producing products that are not competitive on the world market?
@charleshaggard4341Ай бұрын
Somewhat ironic that no one was standing up for the Mom & Pop independent bricks and mortar stores when Amazon was doing this to them. In the beginning, they used Amazon as a market place to sell their products and Amazon learned what they were selling and over time went to the manufactures directly to cut them out. In a way "we have met the enemy and it is us."
@Vikingj72Ай бұрын
If someone provides a product that people can afford and want, maybe the competition should study it and do the same thing instead of blocking it. Admit when the competition is better and strengthen YOUR game.
@buntnikАй бұрын
But our workers cannot work for a lower wage.
@12rmoreauАй бұрын
@@buntnik some factories are close to being fully robotic it's amazing
@davefroman4700Ай бұрын
The US will NEVER achieve the economies of scale that China enjoys. And thus they will not be able to compete with them.
@bobwallace9753Ай бұрын
@@buntnik It's not labor cost. Auto manufacturing is highly automated. And China no longer has super cheap labor. Labor costs are lower in Mexico than in China and that's where a bunch of US car manufacturing is being done. What we have is a failure of legacy car manufacturing in the US, Japan, and Europe to develop EVs that people want to buy. Don't blame workers, they produce the product the bosses tell them to produce.
@davefroman4700Ай бұрын
The issue is that the US will never match the scale that the Chinese have spent decades developing in electronics and battery manufacturing. Or the value chains in those processes. It is that massive scale that enables China to produce EV's at these prices.
@FreePalestine2107Ай бұрын
Americans had no problem.when ford gm and all western car companies dominated the chinese market for 40 year making hundreds of billions annually. Once chinese car companies are out performing western car companies this is as problems lets close down our markets.the double standard and hypocrisy is sickening.
@rayblackburn2230Ай бұрын
Everyone that built cars in China has had to team up with the Chinese to manufacture there. The US legacy boys should team up with China to get the job done here with EV's. Win/win
@dertythegrowerАй бұрын
No.. they use welfare.. thats called un fair trade
@dertythegrowerАй бұрын
@@rayblackburn2230They already do, i am in Michigan and make parts here for all makers... aluminum parts even tesla model S.(shorts proofs) We do not get welfare like BYD does from the state
@williamsmith5462Ай бұрын
Compete. Compete. Sell cheap take market share. Are we seriously throwing in the towel on capitalism now?
@FrancescMuroАй бұрын
YES. It has been the case since OBAMA took office with socialist policies
@lawrencefranck9417Ай бұрын
That is capitalism. Legacy auto has been price gouging and should go bankrupt
@davefroman4700Ай бұрын
USA has been a fascist imperial duopoly masquerading as a democratic capitalist nation for 70 years.
@bobwallace9753Ай бұрын
Legacy has a problem in selling lots of EVs at a loss in order to gain market share. They need to earn money to cover the debts they've built up over years. Losing ICEV sales means losing the profits they have to have in order to pay their debts.
@timothydevries383Ай бұрын
China doesn't follow capitalism. It's all government money a massive capacity dumping.
@LaBambaCLАй бұрын
4:29 china exports far less cars as a percentage of the domestic market than japan, germany, korea. this overcapacity made up term is quite false.
@junkerzn7312Ай бұрын
I liked the interview though I think the guy is a bit jaded. But he's also dead wrong on tariffs. If anything has been demonstrated in the last decade, it's that tariffs do enormous damage to domestic industry while propping up a very tiny subset of it. And the reason that is the case amounts to "The Global Supply Chain". The fact that products these days... nearly all products, are technological entities that require immensely complex parts sourced from all over the world. It is simply impossible for any single country, even the U.S., to make all of those parts domestically. Which means, in short, that those countries on the receiving end of tariffs have plenty of leverage to claw back all of those costs via other products and parts. And we can see the proof of this in all the negotiation happening with EU tariffs on Chinese products.. Domestically, tariffs do incredible damage to fledgling industries which construct more complex pieces of equipment from parts. To the point where all of these industries are basically forced to outsource the entire assembly line to China and then just take the hit on the finished product. Because its cheaper to do that. For example, take power stations and solar panels. Tariffs have decimated local industries that used to be able to compete. I'm talking installers (for solar panels), system makers for power stations (because they can't source batteries as cheaply as the rest of the world can), and the list is endless. If the U.S. really wants to fix this problem, subsidies are the only real solution. Tariffs have to go... tariffs are inherently incompatible with the modern world economy. This is what China did and China is winning because of it. The U.S. has to do the same. -Matt
@electromega3077Ай бұрын
Instead of spending enormous times and energy to block competition, why don't they just spending the same amount of time and energy to make cheap and good quality cars
@bobwallace9753Ай бұрын
Because they have waited so long to develop good EVs, legacy may not be able to make the switch. Legacy companies typically owe a lot of money, they have enormous debt. They need to sell a lot of vehicles for a profit and then sell a lot of parts for those vehicles in order to pay their debts. They aren't able to make profitable EVs and EVs won't need parts like ICEVs need. Legacy is largely screwed.
@dertythegrowerАй бұрын
Because byd uses welfare... you clearly dont get how this works
@dertythegrowerАй бұрын
they artificially lower the price... its not from production, its from welfare
@dertythegrowerАй бұрын
@@bobwallace9753 that is a lie, Elon did it before anyone.. i actually made parts for him.. you kids are lost
@bobwallace9753Ай бұрын
@@dertythegrower Step back from the wine carton. I said nothing about Tesla. I was talking about legacy car manufacturers. Even if you don't know what the word legacy refers to, you should have figured it out from the ICEV stuff.
@vorlon81Ай бұрын
Coalition for a Prosperous America sounds like MAGA for Cars .
@enriquegurria3947Ай бұрын
USA is a already a prosperous country, just has a horrible economic inequality that is a dangerous problem for democracy
@enriquegurria3947Ай бұрын
Yep. I was ready to hear him singin’ They are eating the dogs…
@silverlex1Ай бұрын
It is
@Carl_in_AZАй бұрын
As a Republican but not a supporter of MAGA, the one thing he said, which is what I hear from MAGA supporters, is that tariffs do not raise prices. This statement needs to be followed by a but. The cost accounting engineers in our vehicle industry have proven that tariffs imposed in 2018 and 2019 did increase prices drastically overnight. Also, COVID compounded the problem. A stepped tariff and targeted product tariffs with warning shots from our government sent to the enemy allow US manufacturers enough time to find other suppliers.
@rossdurnin3615Ай бұрын
They learnt from America. So why are you complaining when your country has used those same policies against other countries including your allies.
@AuralioCabalАй бұрын
Unions are a roadblock to EVs which need way less partscompare to ICE drivetrain , and leads to easier automation of factories, this on top of EVs needing less maintenance compared to ICE drivetrain and cheaper to " refuel" ,heck if you install Sollar panels you get that Fuel free.
@bobwallace9753Ай бұрын
No union made the decision to ignore the oncoming move from ICEVs to EVs. That was a decision made by the Board of Directors and CEOs.
@davefroman4700Ай бұрын
Can confirm. Owning an EV and solar is definitely a cheat code for life.
@hoffrunАй бұрын
NAM gets membership fees from 1,000s of companies but only represents the top 10. NAM isn't serious about most US businesses .
@enriquegurria3947Ай бұрын
If China would do what this guy says USA should do, a lot of American industries that depend on Chinese markets and Chinese based production for export would go bankrupt.
@12rmoreauАй бұрын
What a load of nonsense BYD is going to whip your ass even with 100 percent tariffs that the customer ends up paying
@davefroman4700Ай бұрын
BYD has stated repeatedly that they have NO intention of expanding their presence in the American market. They WANT the Mexican, Central and South American markets. Labor in Mexico today? Is almost half the cost of labor in China today. Wages in China have tripled over the last 15 yrs or so. They have the largest and fastest growing middle class in history now...
@dertythegrowerАй бұрын
china funds byd... so, no
@dertythegrowerАй бұрын
Byd copies elon and uses state funding.... you are wrong
@12rmoreauАй бұрын
@@dertythegrower Ask Warren Buffett
@danieloool2044Ай бұрын
Easy to put technology into Toyota cars
@dougsheldon5560Ай бұрын
Not everyone wants a 6000 pound truck. I see the Taurus is coming back. And the Ranchero!!!!
@williamsmith5462Ай бұрын
Make better EV s. And cheaper.
@mikafiltenborg7572Ай бұрын
BYD Mona: 17,000$...
@Carl_in_AZАй бұрын
The issue with tariffs in the US auto industry is over 45% of the parts used in most American vehicles outside of Tesla are made overseas. To say tariffs do not affect US taxpayers is wrong. In March 2018, followed by October 2019, 25% steel and 10% aluminum tariffs were imposed, and the cost of engines went up 27% overnight. Some parts on our engine take up to 4 years to change vendors. This is due to our company's quality control and to meet government safety and emission standards. Regarding steel components, we had no choice but to maintain Chinese parts. When they realized we would break our vendor agreements due to tariffs, they gave us the middle finger, resulting in them moving the shipment of parts from two weeks to nine months. When your plant has a monthly "base" burden cost of $2.5 million, it does not matter if you produce 40 engines a month or 4000 engines. That $2.5 million has to be passed on, so those tariffs increase costs overnight. Focus-stepped tariffs on products make sense. Warning the enemy gives everyone time to adjust. Overnight commodities tariffs casue trade wars.
@lifefun1987Ай бұрын
tesla is sold in china and enjoy subsidy same as byd in china. i sold my model y and bought huawei m9. it is double price and 100 more advance in technology. US was respected in china
@1HeatWalkАй бұрын
Tesla has better software; Chinese EV has better hardware and build quality.
@lifefun1987Ай бұрын
ii thought so until i drive huawei m9. it is far better in software too. shanghai traffic is difficult yet m9 drive by itsrlf almost perfectly @@1HeatWalk
@rudfilАй бұрын
Doesn’t America welcome competition? Isn’t the “open for business” "free enterprise" motto an American invention?
@BryceLovesTechАй бұрын
Just look at what happened to the drone industry. Now try to go out there and find an American made drone now it’s almost impossible.
@buntnikАй бұрын
Tariffs are paid by the receiving business in US. China does not pay. The receiving American pays. We must be clear on this.
@lumtavon1952Ай бұрын
So with half the salary a Chinese guy can buy an even bigger car as a US guy when he wants a quality car. Or a US guy has a shit quality big car, every month in the workshop for a repair. Please give me the purchasing power!!!! And this while the US government debt is eliminating possible support to grow innovative projects.
@rayblackburn2230Ай бұрын
Free enterprise outsourced American jobs decades ago for profits. Centralized government of China can streamline production and guide Chinese consumers more rapidly than Democracy. That is why Russia once they started industrializing did it in half the time of American Democracy. China could implement EV"s even faster in their country with a more iron hand approach. Isn't Buick the number one import from China as far as auto's go?
@Loanshark753Ай бұрын
I think US is reaching an end to it's neoliberal era. It seems that currently to prevent further collapse of the auto industry and to inspire confidence in local manufacturing the long retired stick needs to be used to discipline automakers.
@nc3826Ай бұрын
"The Coalition for a Prosperous America is among more than 80 organizations, including the American Center for Law and Justice, Concerned Women for America, and the James Madison Institute, that sit on the advisory board for Project 2025, a policy coalition convened by the Heritage Foundation." "CPA advocates for the adoption of stricter foreign trade regulations, including the imposition of higher tariffs on imports to the United States." (IE populist protectionism, which is how the Great Depression started) John thanks for such an unbiased viewpoint. And is the Heritage Foundation, pro free trade or protectionism now? The world of GOP conservative politics has become pretty schizophrenic. So maybe we should leave politics out of an automotive channel? SMH
@juanvgaАй бұрын
Looks like the gringos are afraid of free market😅😅😅😅😅
@bobbbobb4663Ай бұрын
Meanwhile Leon won't even get a permit to build in Mexico. Reminds me of another autonomous permit he won't get either...
@phillyphil1513Ай бұрын
re: "Reminds me of another autonomous permit he won't get either..." "EAT IT LEON...!!!"
@bobbbobb4663Ай бұрын
@@phillyphil1513 Geo fenced demo incoming
@AlexParkAndRideАй бұрын
This was a bs interview. The guy was full of misinformation and contradictions, but no followup questions or any effort to untangle any of his questiobable statements. Sounds like he has a problem with Mexico, not with China. He should probably spend some time advocating for the Chinese companies to open manufacturing in the US instead of Mexico if that's what he's after.
@bobwallace9753Ай бұрын
This is nothing more than Detroit legacy attempting to postpone bankruptcy.
@h3e44Ай бұрын
Autoline has had a string of shit interviews lately. And given this guy's background it's no surprise
@bartbixler3278Ай бұрын
Stop shopping on Temu, Stop shopping at Walmart but, we are addicted to low prices so it will continue.
@buntnikАй бұрын
I’m not paying higher prices. I shop Walmart!
@juliahello6673Ай бұрын
I’m glad I live in America where our government steps up and protects the American consumer from inexpensive, quality EVs.
@billybobhobnob101Ай бұрын
Just out of curiosity what happens to GM and Tesla if they are banned from the Chinese market?
@vancity2349Ай бұрын
GM and other legacy brands are done in China....
@rayblackburn2230Ай бұрын
@@vancity2349 Tesla's will become harder to sell China as well. Yet they still get to export from China with much lower taffris
@vancity2349Ай бұрын
@@rayblackburn2230 why will they become hard to sell when they have a plant there and are employing people?
@rayblackburn2230Ай бұрын
@@vancity2349 Because the Chinese are building superior EV's than Tesla for the same price or less. The competition is getting too much for even Tesla.
@vancity2349Ай бұрын
@@rayblackburn2230 Thats not what I read
@user-tx9zg5mz5pАй бұрын
Chinese car designs are leaps and bounds ahead of the Legacy brands, including Tesla.
@bobwallace9753Ай бұрын
Nope. They are imitating Tesla, which US legacy has refused to do. Legacy laughed and lost.
@user-tx9zg5mz5pАй бұрын
@@bobwallace9753 you must be a Tesla investor 🤣
@bobwallace9753Ай бұрын
@@user-tx9zg5mz5p I follow the EV market fairly closely. It doesn't take a rocket scientist to see all the times Tesla brings a new idea to EV manufacturing and then we start seeing Chinese companies copying Tesla a couple years later.
@user-tx9zg5mz5pАй бұрын
@@bobwallace9753 okay 🤣
@VuNhat-m4vАй бұрын
I don't think China can simply bring their workers to Mexico to take jobs that belong to Mexican workers. Mexico's government knows how to properly leverage Chinese investments. If these investments don't benefit Mexico, why would they accept them?
@elvinthalund5193Ай бұрын
It is illogical to argue that terrific has no impact on consumer prices. If it has no impact then don’t add it as the product already is competitive from other sources than China. So if China can sell a $25K car in the US we just have to add terrifically to Chinese cars and suddenly US car manufacturers can do it. That is obviously not the case.
@johnlesoudeur3653Ай бұрын
Cars are rapidly reaching the stage of them being just another utility that we use everyday. It will shift to a similar model to the manufacture and sales of mobile phones. This will complete the shift to a similar service plans/monthly payments/insurance with choice of brand models.
@nocturnallipsАй бұрын
You cant block access from the back door, the Chinese just let you take it!😌
@GreenspaceservicesАй бұрын
Some of his information doesn’t make sense and when he discussed tariffs he lost all credibility.
@kylerobinson7572Ай бұрын
Tarrifs are paid by the consumers. Companies and retailers pass on the costs to us. Also, when Trump first instituted tarrifs he should have put them on finished goods. Many small businesses that utilized Chinese parts to build their products were severely impacted by parts tariffs!!
@FrancescMuroАй бұрын
A real obsessive paranoid. If Americans used this energy to work hard, they would be much better off
@dertythegrowerАй бұрын
I work and make parts... you do not outwork me, you use welfare at byd
@dertythegrowerАй бұрын
BYd uses welfare and i outwork china... so no
@dertythegrowerАй бұрын
Americans work 7 days a week... i make parts on video for tesla... you are wrong 100%. Byd copied us, and uses welfare to price cars lower. I know more and work more than you.. its undeniable
@larryhoudini3331Ай бұрын
I could only stomach about 20 minutes of this of this protectionist spokesperson before turning to the comments. I was so proud to see others that felt the same way. Tariffs are an admission that America can no longer compete with China in the global marketplace.
@grjmichАй бұрын
John. You need to have this topic discussed every month and some ideas should be kept confidential. Don't let the other side know your game plan. This is a game of chess, Chinese are thinking 10 to 20 moves ahead.
@FrancescMuroАй бұрын
Paranoid should be kept out of a serious program as Autoline
@2cartalkersАй бұрын
Bologna!!! As in Baloney!!! 👎👎 US automakers had their chance and did NOTHING.
@mitchellchristianson8120Ай бұрын
Maybe I see everyone going to India why not build in United States why is this correct explanation?
@GForce162Ай бұрын
"Protect Mexican industry", gee, since when does America care about that? Is NAFTA not being taught in school no more?
@ThomasTTАй бұрын
Does the Apple overproduce it's iphone to the world? pretty interesting point of views.
@timothydevries383Ай бұрын
Apple operates in a fair & unsubsidized global electronics market and definitely doesn't capacity dump (in fact it often limits capacity). So it's hardly a comparison with what the Chinese do.
@gregharrison3289Ай бұрын
Not sure about you, but I could live just fine without UAW autoworkers driving around in +$75K pickup trucks.
@by9917Ай бұрын
15:10 normal combustible engines - sounds like a non-car person getting into the politics of cars
@georgepelton5645Ай бұрын
LOL, they do catch fire way more frequently than EVs, so maybe calling them "combustible" is accurate. 😂
@user-xg6ib2xf5vАй бұрын
This won't play out well for US. Just like when Walmart came into small town America there was talk of buying local to protect small local businesses. Well, people say one thing and do another. Small town downtowns are dead. And the places that shut out Walmart are not doing much better, now they have to drive further. Ultimately, it comes down to, "Are we willing to pay the high salaries of our fellow Americans?" I think the answer is no. We need a strategic manufacturing capacity, but not more legacy support for BS auto prices. Just wait until the robots and ai get here. 24/7 lights out factories and inexpensive Made in America goods, hoo boy.
@Study49Ай бұрын
Yes
@xlargetophatАй бұрын
Mining is what the USA doesn't do.
@mitchellchristianson8120Ай бұрын
Us companies ran to India either you're an importer or an exporter. You can't weaponized trade when you don't build anything and Tell me the companies say we have enough money on the balance sheet to get India running. Right guys so look where billion of capital are going global for the United States and for the rest of the world, protectionism doesn't work with weaponization of the currency and not making anything go to the companies hedge funds pension funds? Or is this money going?
@foxtrotwolf6081Ай бұрын
I think it's a positive to give Mexican workers the opportunity to get some manufacturing jobs, even if it is paid for by the dollars we send them by buying all the made-in-China stuff. They keep on talking about "subsidies". China doesn't have a personal income tax. Where are they getting the money to do all the subsidies besides the money we send them? Maybe start there?
@chosurikiАй бұрын
Yeah, why so scared? Nobody wants EV anyways. Looks like those colour's do run, lol.
@buntnikАй бұрын
There has been over 7,000,000 Teslas sold. Thats not “nobody wants.”
@lumtavon1952Ай бұрын
Just bought a USD 15k EV in Thailand bigger as a Corolla. You the high salary, me the high purchasing power for a modest income. Think you are a fool living in the past
@andrewvelez3876Ай бұрын
The US corporations has shipped most manufacturing jobs offshore to China and other countries. No one raised concerns or taxes or tariffs against this US government policy allowing that.
@andrewvelez3876Ай бұрын
China learned how to make EVs and the US automakers refused to see China building them. They knew wha China was doing. They fought against cleaning up the environment. Chinese government owns positions in private sectors of the economy. The Chinese government takes the profits and they make investments in infrastructure. Here the private sector run by MBAs only focus is making profits today bc their salaries are dependent on showing Wall Street they are profitable today. China looks to what is good for tomorrow. They look at the big picture and make investments accordingly for tomorrow.
@markrudolph683Ай бұрын
Attention Americans!! Look what China is doing doing in the South China sea with the Philippines!! You will see their true colors. 👍 60 min CBS tv show. Also Ups delivery drivers make 150k guarantee and Chicago school teachers make 150k. The more you make the more prices going up!!
@frankcoffeyАй бұрын
The recent events in the middle east shows we need to vet electronics more carefully. We use or have thought about how technology could be used and we should assume everyone else does.
@GForce162Ай бұрын
Yes, the middle east is now getting wake up call and asking china to make electronic without western parts.
@todddowney45Ай бұрын
WE NEED A CAR THAT WE CAN AFFORD AND CAN'T AFFORD THE $50 TO $75 GRAND PRICE TAG ON FORD AND GM RAM TRUCKS ' DELIBERATLY KEEPING PRODUCTION DOWN 'DEMAND AND PRICES HIGH . TOO HIGH FOR POOR PEOPLE . EVERY PART IN THE OVER PRICED JUNK IS FROM CHINA ANYHOW . IS ANYONE ELSE GOING TO SELL THE POOR A CAR FOR $15 OR $20 GRAND ' I DON'T THINK SO CAUSE THEY ARE FAR TOO GREEDY .KEEPING AN AFFORDABLE CAR FROM THE PEOPLE WILL EVENTUALLY PISS OFF EVERYONE . KEEPING MY CAR I HAVE FOR ANOTHER 20 YEARS.
@lumtavon1952Ай бұрын
You described the average US politician, depending on big corporation sponsorship to get his power job, on the expense of the average person, while not solving the root cause.
@psv998Ай бұрын
Apple doesn't make iPhones.They sell iPhones.
@buntnikАй бұрын
But Apple has manufacturing in China. And sales everywhere. Oh yes, Apple has factories in China.
@psv998Ай бұрын
@@buntnik apple outsources everything.
@georgepelton5645Ай бұрын
@@buntnik Really? What factories does Apple have in China? They have almost no factories anywhere. Their manufacturing is outsourced to other companies, 99% in China.
@johnmcvicker6728Ай бұрын
If only Honda and Toyota made EVs on their USA located factory land.
@robertsmuggles6871Ай бұрын
Chinese work '9-9-6' which is 9am to 9pm ; 6 days a week. If you want to compete with a labor camp fine - otherwise you'll need trade barriers. This is a legitimate choice for any country. But Automotive is such a major part of any modern economy you are going to have to protect it if you want to remain relevant - so there is no choice basically - the US has to defend its producers even though this goes against the American grain in every way possible.
@georgepelton5645Ай бұрын
Do the Mexican's that work for Chinese companies work 9-9-6? What about Americans that work in the US for Chinese companies?
@mazdaratti89Ай бұрын
Hell, Gotion Hightech wants to build EV battery factories in the U.S. and the local residence want to stop it even though it will create American jobs. Madness ! Big time anti Chinese bias at play.
@andrewvelez3876Ай бұрын
This sounds so racist. China invited US firms to make cars in China. The US must invite Chinese EV manufacturers to build factories here. When the US is over producing the US had no problem. China is the smart place that invested in EV many years ago. The US just watched them make the investment in EV investments. Here the Automakers were fighting the requirements that they make cleaner car.
@d.wagnerREАй бұрын
It is called free market capitalism!
@zero-point3930Ай бұрын
China bashing instead of improving your own industry is a stale argument now.
@urbanstrencanАй бұрын
Great topic and episode keep up with great work bringing us topics like this ❤😊
@kevtheobaldАй бұрын
The actions need to include getting legacy builders in the US to depend less on China and Mexico. Now that many Western nations are relying on Chinese suppliers, it gives power to China. The push to open global trade back in the 1980's was a sugar rush for big corporations, but it shifted power to others parts of the world. Wall Street and top-level executives got rich. Americans got cheap products, while jobs started to decline for manufacturing sector workers. Remember, many say World War 2 was won by volume manufacturing. German tech was superior, but they could build in mass like the US was able to do. If war breaks out in the near future, the US will not have the advantage when it comes to manufacturing. Getting high-tech manufacturing in the US built backup to high levels is a must. Sadly, many of those projects will not be done before 2028. For national security as well as economic security, we need to help domestic manufacturing in a wide range of segments.
@bigfins215Ай бұрын
I keep wondering why we don’t use quotas instead of tariffs - give a reasonable portion of a particular industry to imports to encourage lower prices, innovation and consumer choices but don’t allow foreign made products to put domestic producers out of business.
@lumtavon1952Ай бұрын
Why?? What did Amazon do to many small US companies??? If you treat all your friends like that you for sure will die lonely. And the last years of your life you will get poorer and see foreign friends get better off. The US: a country governed by lawyers who block innovation/progress.wow, be happy
@bonaudiАй бұрын
How can you block it? Easy, making competitive cars with good tech, for an affordable price like the Chinese do... period.
@mw9923Ай бұрын
Is every business even in US is doing the same thing to compete with each other?
@ericviele4379Ай бұрын
Damn, the comment section is on fire! 🔥
@lumtavon1952Ай бұрын
Just why was the US not able to export any decent volumes of cars before the EV revolution started???? Why could JPN car get so easily in the US??? I would like to suggest they have never reached decent quality/efficiency levels the last 50 years and their sponsorship to politicians kept them viable!!! Everywhere else these type of companies go bust, as they deserve or step up based on their own innovative force
@HeyErnie007Ай бұрын
Tariffs raise prices and consumers pick up the tab. There are so many products China manufactures that aren't made anywhere else, that if the U.S. imposed tariffs on those prices, corporations will pass that cost onto consumers. This whole "well tariffs didn't cause inflation, it helped produce jobs in the U.S." is a bit of a fallacy. Tariffs in a micro dose may help, but rit large, they are inflationary. If the U.S. said "every iPhone produced in China has a 20% tariff," it's not like Apple can quickly find another country to produce iPhones. Apple is trying to, but they are facing challenges with quality controls in other countries. There are things some countries are good at and we just need to accept that. China is great at building affordable products, it's why nobody can outcompete them on solar for example. At the end of the day if you have the same solar panel, one produced in the U.S., on in China, the Chinese one will be cheaper because there's more competition in China, and more robust supply chains. The United States does outcompete China in manufacturing of extremely technical products, like airplanes. In large though, there's a reason why there's a huge trade imbalance with China, and it won't go away in anyones lifetime.
@freethinker4991Ай бұрын
The mismanagement of the US auto industry is a result of decades of complacency and there support of auto manufacture in China. This is shown by how quickly Chines EVs have become such a threat to all legacy auto. US auto industry went into China for cheep labor and now that the Chines have learnt how to build vehicles and can build the cheep then the US they will destroy legacy auto. The US auto industry mismanagement has brought this upon them self and have had to crawl to the government for protection. Blaming china for aggressive auto manufacturing is just wrong US auto industry mismanagement is at fault. China in its dealings with Mexico auto industry is what US auto industry did in China 20 years ago. Cheep labor in a reagent with high potential auto sales is a capitalist dream. If Mexico workers had higher wagers there wouldn't be an issue for a lot of the US problems, illegal immigrants, China setting up a auto industry, etc. Nick is obviously proponent of US Propoganda for the auto industry trying to brain wash the people of the US that these 100% tariffs will be good for them.
@yorkchris10Ай бұрын
I wondered if there would be some kind of weird circle where Americo China moves to Mexico where there exists Americo Mexico. Bombardier eventually estabished Bombardier de Mexico where existing railcar manufacturing got some help from Bombardier. Wiring looms are still labor intensive. Maybe wireless Chinese BEV's could affect Silicon Mexico.
@johnmcvicker6728Ай бұрын
Thanks Sean. You were right, working on new content with young guns. He spoke coherently and about current issues. Very important issues. More please.
@borisdelaine9797Ай бұрын
Good Interview
@veganwallyАй бұрын
Good show John.
@UCMpDwp7VEfKXRH3NyAW7kujАй бұрын
Chinese automakers also make good phev car and gasoline-powered car,U.S. people are cheated by the media
@ricktotty2283Ай бұрын
What about the Backdoor from Germany on the Sprinter Van. If products don’t flow across borders troops will. Harley Davidson was saved by $ 1,000 dollar tariff placed on imported motorcycles over 700 cc.
@CSHarveyАй бұрын
/facepalm Capitalism and controlling the market to prevent innovative competition is all fun and games until US producers are the ones whinging about having to actually cowboy up.
@MrSagowoonАй бұрын
So much for free market 😂😂😂
@h3e44Ай бұрын
Ahh the one coalition from the Project 2025 handbook nice😂
@nc3826Ай бұрын
"CPA advocates for the adoption of stricter foreign trade regulations, including the imposition of higher tariffs on imports to the United States.".... So John you gave him a platform, to spout what he's paid to tell us....
@peterharms3851Ай бұрын
To isolationist America…. Welcome to the reality of global marketing! Did none of you read Lee Iacocca’s analysis of the Japanese strategy in the 70’s. Industry, government and workers, all working for the common goal of the county, not individuals, not corporations not profit. The country. Your current political chaos, would indicate that this will never be attainable by the USA.
@dscartyАй бұрын
Sounds a lot like the early days of Standard Oil. Of course that was in country.
@juliahello6673Ай бұрын
DON’T BLOCK THEM!!!!!!
@Tommy2tone762Ай бұрын
Detroit is doomed for real this time
@lukasboscher9674Ай бұрын
How come China has a lot of money? Oh right, you gave it to them.
@andybak7575Ай бұрын
Would ceding some market share to China keep them at bay over Taiwan plans? Need local workers to be able to run the factories if they are nationalized