China poses growing threat to U.S. auto industry
Written by Black Hot Fire Network on January 22, 2024
A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai)
Vcg | Visual China Group | Getty Images
That volume from well-established, government-owned companies like SAIC and Dongfeng as well as newer players like BYD, Nio and others has catapulted China from sixth ranking to the top seed since 2020. It comes amid declining U.S. vehicle exports as companies like General Motors have cut . . .
