BYD may come to the US via Mexico

[Opelman]

I'd rather see Peugeot or Renault come in through Mexico. When I lived in CA I spotted a Renault Duster a few times. Might be interesting.

 

[SC Maintenance]

I'd rather see Peugeot or Renault come in through Mexico. When I lived in CA I spotted a Renault Duster a few times. Might be interesting.

You might get your wish eventually. https://www.autonews.com/automakers...brings-renault-us-doorstep-first-time-decades

I would like to see a Duster. The problem with all these companies is if they bring stuff here they jack the price through the roof. Just like Hyundai sells cars in India for half of what they ask here.

 

[97prizm]

So as domestic automaker dither about how EV's demand is not as great as anticipated while offering EV's at ridiculous prices which middle class Americans can't afford a foreign competitor may be setting them up for a modern day version of 1970's domestic automaker beat down. My worry is whether or not the UAW bargained in bad faith.

Per WSJ

"..Chinese automaker BYD has set its sights on Mexico as its quest for global expansion turns toward North America. The Shenzhen-based car company, whose rapid growth has made it one of the world’s largest electric-vehicle sellers, is scouting locations in the country for a factory, from which it would consider exporting cars to the U.S., according to people familiar with the matter..."

"..CEOs at rival automakers have warned about the potential threat from China, with some suggesting the need for more government action to avert such competition in the U.S. These executives are concerned about what they see as a big cost advantage enjoyed by their Chinese competitors in EVs..."

"...At least a dozen Chinese electric-car component suppliers have announced new factories or added to their existing investments in Mexico in recent years, according to stock-exchange filings. These parts makers are responding to a U.S.-Mexico-Canada trade deal that encourages carmakers in North America to use locally sourced content.

"In recent weeks, executives at some Western car companies have become more vocal about the potential threat these Chinese firms pose to their own EV plans. Through a mix of engineering, government subsidies and lower labor costs, BYD and other China-based EV makers have been able to lure customers with stylish and technologically advanced EVs at attractive prices. On Thursday, Carlos Tavares, chief executive of Chrysler-parent Stellantis, said it was imperative the global automaker be able to match its Chinese rivals on cost, or it would risk ceding ground. He described their expansion as “very powerful” and likened their potential entry in the U.S. to the arrival of the Japanese automakers in the 1970s and South Korean firms in the 1990s. “You can see it in the European markets,” Tavares said during a conference call with analysts. “We may not want to see—a third time—the same movie.”..."

From my understanding at least a few years ago several car magazines said that the door more or less closed on Chinese vehicles being sold in the USA. Geeley bought several empty dealerships in the early 2000's looking to set up a sales network but that eventually fizzled. Add the current military tension between China and the United States and Chinas arms dealings. I don't forsee Chinese vehicles making any headway anytime soon.

 

[97prizm]

You might get your wish eventually. https://www.autonews.com/automakers...brings-renault-us-doorstep-first-time-decades

I would like to see a Duster. The problem with all these companies is if they bring stuff here they jack the price through the roof. Just like Hyundai sells cars in India for half of what they ask here.

The wages in India are magnitudes lower than the USA, and the crash regulations mean that a similar sized Hyundai sold in India has way less safe in a crash than a version sold in the USA.

 

[camrydriver111]

You might get your wish eventually. https://www.autonews.com/automakers...brings-renault-us-doorstep-first-time-decades

I would like to see a Duster. The problem with all these companies is if they bring stuff here they jack the price through the roof. Just like Hyundai sells cars in India for half of what they ask here.

You might want to look at the Hyundai India web site. They are not selling the same cars.

The most high end sedan Hyundai sells in India is a Hyundai Accent and it starts at 13,000 USD, which is not too far off from the price of the Accent here.

North American cars are bigger, have bigger engines and have more features. Global cars are generally smaller, with smaller engines and are more basic.

This is why a lot of Chinese EVs are so cheap. When you build them closer to Tesla level they won't have as big price advantage.

 

[2strokeNorthstar]

Funny how they demand government protection in the car market but silent about foreign take over of single family homes / real estate.

 

[camrydriver111]

From my understanding at least a few years ago several car magazines said that the door more or less closed on Chinese vehicles being sold in the USA. Geeley bought several empty dealerships in the early 2000's looking to set up a sales network but that eventually fizzled. Add the current military tension between China and the United States and Chinas arms dealings. I don't forsee Chinese vehicles making any headway anytime soon.

In the early 2000s Chinese cars were way worse than now.

US tariffs is the main thing holding Chinese EVs back now.

If they build a plant in Mexico, and use local parts, as far as I know it is all perfectly legal and there would be no tariffs.

I don't think it will happen soon because of the amount of investment required, but it could happen in the future.

Yes, there is political uncertainty as well, the US would change the laws to even prevent building the cars in Mexico.

 

[SC Maintenance]

You might want to look at the Hyundai India web site. They are not selling the same cars.

The most high end sedan Hyundai sells in India is a Hyundai Accent and it starts at 13,000 USD, which is not too far off from the price of the Accent here.

North American cars are bigger, have bigger engines and have more features. Global cars are generally smaller, with smaller engines and are more basic.

This is why a lot of Chinese EVs are so cheap. When you build them closer to Tesla level they won't have as big price advantage.

In India you can buy a Hyundai Venue starting at $9500. Smaller engine, stick - stripped down - yes. You can also buy one with a 1500CC diesel, AC, touch screen, ABS and a sundry of other niceties for $16,000.

https://www.cardekho.com/overview/Hyundai_Venue/Hyundai_Venue_SX_Opt_DT_Diesel.htm.

Made in the same factory in Korea, the ones here are $21 to $24K.

So yes, I have looked.

 

[Torrid]

It's a global economy, who cares. I've stopped caring. I may not be a US citizen in 1 year.

 

[CKN]

From my understanding at least a few years ago several car magazines said that the door more or less closed on Chinese vehicles being sold in the USA. Geeley bought several empty dealerships in the early 2000's looking to set up a sales network but that eventually fizzled. Add the current military tension between China and the United States and Chinas arms dealings. I don't forsee Chinese vehicles making any headway anytime soon.

Unless they have a Buick badge......
From Wikipedia, the free encyclopedia

Buick Envision
Overview
Body and chassis
Manufacturer	Buick (General Motors)
Production	2014–present
Model years	2016–present (North America)
Assembly	China: Yantai (SAIC-GM)
Class	Compact crossover SUV[1][2]
Body style	5-door SUV
Layout	Front-engine, front-wheel-drive or all-wheel-drive

The Buick Envision is a compact crossover SUV manufactured by General Motors and marketed under the Buick brand since 2014. It is exclusively manufactured in China by the SAIC-GM joint venture, supplying the Chinese and North American markets.[3]

 

[bullwinkle]

In the early 2000s Chinese cars were way worse than now.

US tariffs is the main thing holding Chinese EVs back now.

If they build a plant in Mexico, and use local parts, as far as I know it is all perfectly legal and there would be no tariffs.

I don't think it will happen soon because of the amount of investment required, but it could happen in the future.

Yes, there is political uncertainty as well, the US would change the laws to even prevent building the cars in Mexico.

The “No Hecho en Mexico” thing would make life pretty uncomfortable for GM & Stellantis… BTW, the UAW is preparing to strike at the Ford Louisville plant again…

 

[bullwinkle]

Funny how they demand government protection in the car market but silent about foreign take over of single family homes / real estate.

It’s all about the lobbyists! Just ask East Palestine, OH (even President Biden is having issues making Norfolk Southern do the right thing).

 

[wpod]

"My worry is whether or not the UAW bargained in bad faith."
They do not worry about me.

 

[Trav]

Everyone loves their iPhone and MacBook that comes out of China.

And their Milwaukee power tools. Course if it had TTI or CCP tools on it that may make a difference but not with the younger crowd.

 

[camrydriver111]

And their Milwaukee power tools. Course if it had TTI or CCP tools on it that may make a difference but not with the younger crowd.

TTI was incorporated in Hong Kong more than a decade before PRC took over the island.

What links to the CCP do they have that a Western company like Apple wouldn't have?

 

[JHZR2]

This topic has already been discussed. BYD will put a big hurt on TSLA by building cars in Mexico, they surpassed them in China they could surpass them here. While hurting TSLA, it might help people looking to buy an EV, I could see price cuts on the horizon for EVs in general. And if BYD supplies batteries to TSLA and others they're going to have a nice big piece of the pie. Time will tell.

As much as some folks hate TSLA because if a dislike for eV, and others dislike TSLA because they don’t care for Musk, having a Chinese company sneak in like this and then steal our debt fueled tax credit schemes to sell their products over an American company is just nuts.

 

[JHZR2]

Everyone loves their iPhone and MacBook that comes out of China.

That’s a valid issue. When differentiated parts (e.g., the Apple platforms are superior to windows and android), then the consumer is stuck in a bind. It’s a pinch point that is horrible. But it’s our own doing. Lots of reasons why these industries shipped offshore.

Hopefully some will come back. In for a world of hurt if not, given the Sabre rattling.

 

[demarpaint]

As much as some folks hate TSLA because if a dislike for eV, and others dislike TSLA because they don’t care for Musk, having a Chinese company sneak in like this and then steal our debt fueled tax credit schemes to sell their products over an American company is just nuts.

I agree 100%, and feel that is the end game for sure! I say take the $7,500 incentive away and see how things pan out, although that might PO a few members here. In any event that $7,500 can go a long way to fix a lot of problems this country has, including helping Veterans and US Citizens in need. It's best I end it with that.

 

[alarmguy]

Funny how they demand government protection in the car market but silent about foreign take over of single family homes / real estate.

What do automobiles have to do with real estate?
It's not just foreign, Wall Street buying up single family homes. Its up to the voters to put a stop to it but unless you get involved... well
I agree with you though.

 

[JeffKeryk]

That’s a valid issue. When differentiated parts (e.g., the Apple platforms are superior to windows and android), then the consumer is stuck in a bind. It’s a pinch point that is horrible. But it’s our own doing. Lots of reasons why these industries shipped offshore.

Hopefully some will come back. In for a world of hurt if not, given the Sabre rattling.

Personally I fully support the re-onshoring of the semiconductor manufacturing industry. Some things are just too critical to off shore.
There's a huge difference between a HF torque wrench and computer technology.