Four years after the United States-Mexico-Canada trade agreement (USMCA), Mexico and the U.S. face the prospect of cheap Chinese electric vehicles dominating a fast-growing market and undermining GM, Ford, and Tesla.
  • SeattleRain@lemmy.worldEnglish
    3·
    5 months ago

    They’re not, American cars are not competitive because US auto makers have relied on financialization and oligopolistic tactics.

    America COULD build good affordable cars but that’s way harder than just doing another stock buyback.