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by strictnein
45 days ago
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> If you think that keeping [out] China is good for the consumer It would be excellent for the consumer, in the rather short term, to not keep them out. Cheap cars! Cheap goods flooding our markets are great for consumers in the short term. > American car manufacturers have extremely small market shares outside N.A Here's a game: One company is American. The other is not. Company 1 Market Share:
North America: 16.5%
South America: 8.9%
Asia: 7.6% Company 2 Market Share:
North America: 14.87%
South America: 8.3%
Asia: 8.28% Now, without looking, which is the "US company without market share outside of NA", and which is the foreign company that understands how to compete? |
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Company 1: Europe ~0% (trucks & SUVs just don't sell well there it seems) Company 2: Europe 7%
Company 1: Manufactures in 8 countries, 2/3 of its factories are in North America. Company 2: Local production of cars in 25-30 countries depending on partnerships.
Company 1 data: 2025. Company 2 data: 2020 (?!)