American automakers are failing in America. Why would they do any better in other countries?

@jyu2345

12 күн бұрын

well, anti Murica sentiments are raising in China. Its because you created the hatred. Many Chinese are stopping to buy Murican brands.

@KJVirander

11 күн бұрын

amen

@jayliu6076

11 күн бұрын

Garbage brands like Ford were making profit in China simply because Chinese people held the belief that anything American is better quality. Not anymore.

@gumpyoldbugger6944

11 күн бұрын

Ford still has a strong presence in Europe, GM so-so. Sadly the traditional big three from Detroit have been playing catch up in terms of quality and innovation against both European and Asian brands for decades now and just can't seem to make any headway at all. So it's not all that surprising that Chinese manufacturers are not only gaining headway, but are fast becoming on par with their Japanese and Korean counter-parts. Jeremy Clarkson and James May of Top Gear & Grand Tour fame did a peioe on China's auto industry in 2012, they noted that the Chinese makers had gone from making what was basically a motorized three wheel tut-tut to somewhat decent knock off of European models who's quality at the time was close to but not quite there to European makers, but opined that if they had done that in less then 10 or so years, where would they be in ten years time? I think we now have our answer to that question.

@greg.peepeeface

11 күн бұрын

Yeah, China knows how weak our manufacturing is which is why they are willing to confront the US in a war, the US simply doesn't make anything anymore.

I'm still trying to figure out why a GM/Ford truck is charging $80K for a stupid truck.

@IncognitoDriver

12 күн бұрын

You have no competition. But in eu no one wants to buy pick up's. We use van for work and normal hatchbacks and suv's everyday use

@godzillamothra5983

12 күн бұрын

you need to have heart to heart conversation with GM/Ford salesperson so they can convey the value of their cars. Just don't drink cool aid before you go there

@hithere5553

12 күн бұрын

@@godzillamothra5983ah yes, the most reliable and trustworthy people, Car salesmen…

@elseby

12 күн бұрын

Because most truck drivers don't really use their trucks for what they're for. It's basically the hick version of Rolexes and Hermes bags.

@StopWars420

12 күн бұрын

Trucks aren't that much unless youre getting the top trim and powertrain

Did I just watch a factual, well-researched piece of American journalism on China?!??! Surprised AF.

@shepherdsknoll

5 күн бұрын

You only saw half the story, Tesla is the other half, this piece glossed over Teslas ability to compete . This piece has a interview with a analyst who says the Chinese auto makers will soon know everything Tesla does and Tesla will go out of business- not at all, Tesla innovates constantly, the Chinese can copy but this constantly leaves them 1-3 years behind, the Chinese consumer knows this and loves Tesla.

@calimalu79cali11

5 күн бұрын

It’s not.

@calimalu79cali11

5 күн бұрын

Serpentza has a video of where the BYD sales numbers come from. Their exploding cars. If the Chinese prefer those options, then they should stick to their own cars.

@canto_v12

4 күн бұрын

@@shepherdsknoll Tesla innovates on occasion. They are still selling the Model S, a car that is now nearly 12 years old.

@canto_v12

4 күн бұрын

@@calimalu79cali11 Serpentza is not my idea of a source for well-researched industry statistics.

In year 2000, Japan exported 4.82 million cars globally while China exported 17 thousand. In 2010, it's 4.93 million vs 540,000. In 2022, it's 3.5 million vs 3.11 million. In 2023, China overtook Japan's 4.42 million exports with 4.91 million and became the largest car exporter by number. It's not just the US.

@MNTrader2012

8 күн бұрын

Misleading numbers without breaking out how many of the Chinese exports are actually foreign brands made in China.

@octonoozle

7 күн бұрын

A lot of those Chinese cars are in Latin America. They are pretty lame and smelly, but cheap. Cheap sells.

@yaoxun

7 күн бұрын

Probably you're cheap, that's why you get the cheaper one.

@achekholbeckal889

7 күн бұрын

US sabotaj Japanese economy when Japan's economy seems to overtake US which results both going into the abyss

@ishakshamsudin8585

7 күн бұрын

Cheap is defeat.

Nobody complain when European American Japanese cars flooded the Chinese market during the past 30 years . Now European American Japanese started blaming China of overcapacity of cars😮

@karangputih

7 күн бұрын

A hypocrite will always has something to blame when a competitor rise

@rawwhide

7 күн бұрын

Chinese cars or trucks are not even sold in the U.S. because chinese brands do not meet the safety standards in the U.S.

@ywli1694

7 күн бұрын

@@rawwhide Actually, not safety problem but only political problem. Now EU allows BYD to get into the markete, i don't think American standards would be better than EU in safety.

@karangputih

7 күн бұрын

@@rawwhide denial is being your life standard

@dannyhang7482

7 күн бұрын

Maybe Chinese the said the safety reasons and can't compete with Chinese car is like we said.

We don't even buy American made cars here in the US. Why would the Chinese buy America cars when Chinese cars are cheaper and better these days.

@themightybunbun3613

8 күн бұрын

Better? They may be cheaper, but don't get ahead of yourself, it's still Chinese.

@bioberliner

8 күн бұрын

US products are considered of low quality across the globe, including air crafts and cars. ​@@themightybunbun3613

@liminghu6338

8 күн бұрын

@@themightybunbun3613 come to china and drive a chinese car,u can get the answer

@vikashchandra9917

8 күн бұрын

Cheaper but not better, atrocious safety

@fatdoi003

8 күн бұрын

@@themightybunbun3613 you can only afford what your importer thinks you can..... if you can only buy cheap things which means you're not rich enough to buy better quality ones

I live in Uzbekistan, here GM has joint venture as well, and they agreed with government to set up so much protected monopoly market of GM. Ordinary people of Uzbekistan has been suffering from this GM monopoly. Because we don't have any other choice than buying the crap expensive GM cars. Shame on you GM. American companies are not playing fair, they bribe Uzbekistan government to facilitate the Full monopoly of GM.

@selfissimo

4 күн бұрын

They do the same in many other countries, if the government doesn’t agree, they will threaten for a regime change …

@935_moby_dick

2 күн бұрын

😂 sorry to hear that

@jameslewis1605

19 сағат бұрын

Bicycles And rickshaws for you.

@chrischan2828

16 сағат бұрын

When China electric vehicles are exported to Uzbekistan, everything is gonna be changed.

@rummimg

16 сағат бұрын

Good. Know your place.

As a moroccan who's done with crappy european cars they export to Africa, I'd buy a chinese car in a heart beat

@tek87

4 күн бұрын

Don't. Think of your family!

@issamoshi

4 күн бұрын

​@@tek87 check french cars tests man.. they are embarrassing. Ford isn't any better.

@TD1237

4 күн бұрын

As a fellow African (South African), I agree with you. I'm glad much of our continent has a good relationship with China. The Chinese cars we have here are just so good compared to the European ones. Safer, more reliable, just as luxurious, better tech, more affordable... it's really a no-brainer in this day and age.

@skarol420

4 күн бұрын

@@TD1237 Hello Chinese bot

@issamoshi

4 күн бұрын

@@TD1237 You know what is the biggest surprise and the proof that crappy France cars are scared of Chinese cars! Just last year, Morocco have signed a BIG contract for China to start establishing a mega EVs manufacturing company in Morocco to start exporting to Africa with ease... However, to our surprise just last month, it was announced that Morocco have retreated from the agreement under France's Pressure since they are the biggest cars manufacturers in Morocco . But times are changing and hopefully we will have Chinese cars made here soon.

If not for the high tariff and protectionism, American automakers would fail in the US as well lol.

@marktrinidad7650

11 күн бұрын

How dare you call it protectionism its called American free trade.

@kangkim150

11 күн бұрын

It's true for many industries. America would shut down tomorrow if all the subsidies to the oil and food industry ends tomorrow. The thin veil of capitalism.

@rebeltheharem7028

11 күн бұрын

Well, all countries do this. If not for the high subsidies the Chinese government gives to EV's companies, they would all actually be bankrupt right now and fail domestically... in China. Chinese EV's are currently selling for about 1~2% profit domestically, and that's with the subsidies. Imagine if it's gone. They would not be able to survive their current price war domestically. Its also the reason why they are dumping so many in the international market, because the domestic Chinese market has basically reached saturation with the current economic conditions, so in order to keep up GDP values and their margin thin profit, they need to literally pump and dump internationally. All countries do this to protect domestic companies, not just the US. I'm pretty sure every single country has tariffs on foreign cars.

@tooltalk

11 күн бұрын

when is China going to allow foreign battery makers to compete in China's EV market?

@Booz2020

11 күн бұрын

Make TOYOTA 🗾 Great Again 😎 Scotty Kilmer

Just 20 years ago, people thought China can only copy and replicate but not innovate. 20 years later, nearly every sector is being challenged or surpassed by China. Those who doubt the Chinese, don't really understand China. They have the scale, work ethic, and the brains to take the lead in nearly every industry. It's just a matter of time.

@Ter9393

12 күн бұрын

😂😂😂

@Numb_

12 күн бұрын

theyre like a hivemind

@MCHuang

12 күн бұрын

Space travel is a prime example

@onlywei

12 күн бұрын

@@Numb_ the entire internet is a hivemind

@imt2game441

11 күн бұрын

Stealing tech, not investing in r&d, exploiting employees harder than any other countries, ignoring all environment or other laws in production, no wonder the costs are low

China invested in it self , American invested in Israel, Iraq , Libya , Syria , Afghanistan and now in ukrain .

@lolocemoipopo7537

7 күн бұрын

And in children education. Educational system is completely different and very science focused, and very competitive also.

@sandponics

7 күн бұрын

And now America is broke. US$34 trillion in debt, and like anyone who gets into debt, they are losing friends rapidly.

@naqibazimi9371

6 күн бұрын

And now Afghanistan is already being free from the American invasion after the Afghan people kicked out the American army. This shows that no countries interested with the American hegemony anymore. 😁

@Dead-people-dont-drink-water

3 күн бұрын

America invested in the boards of directors! Not the normal people! Biden has finally figured that out! Look at what the GM CFO raked in these past few years while she was out saying they couldn't give workers more! Now that Joe is in union jobs are being created! Get the $$$$ back to the regular folks and not the richie riches! How about Local 58 Detroit Electrical Workers Union! My ole man made a great living working that trade, right out of WW2!

@carlos8040ca

Күн бұрын

Excellent point

As a Chinese, I think American car brands have never been mainstream in the Chinese market. In the era of fuel vehicles, American cars have always been synonymous with high fuel consumption. Entering the new energy era, American car brands are lagging far behind.

@user-nl1we8mp2q

6 күн бұрын

Nahh. It just political emotion. But i dont blame it. I think Growing industry in developing country need it

@ksrawat88

3 күн бұрын

They are not made for Chinese 😂 …

@filippocorti6760

2 күн бұрын

Aren't there a good amount of people in China that are financially well off and can afford to pay more for gas?...I'd love to visit China if relations between China and the US was better. I'm curious of the new cities and ghost cities.

@user-tf6je9sh7l

2 күн бұрын

@@filippocorti6760 Fuel economy is an important reference indicator for Chinese consumers when purchasing gasoline vehicles. Firstly, China is still a developing country with a per capita GDP less than one-sixth of that of the US, and more than 600 million people earn less than 140 USD per month. Due to the significant wealth gap, a small portion of the population is very wealthy, but the majority do not have strong economic power. Secondly, many of the older generation in China lived through the era of massive scarcity and hunger in the last century, especially during the 60s and the 70s. For them, and the generation educated by them, "frugality" remains a virtue recognized by mainstream society. Given a choice, many would opt for options that consume less. Lastly, China's rapid development has been built, to a certain extent, on the hard work and sacrifices of its people. Many are burdened with mortgages and car loans, and need to support the elderly and raise children. These individuals are the main demographic for car purchases. For them, choosing vehicles with better fuel economy is a natural choice. Welcome to China! Well, under propaganda of conflict between China and US, many Chinese may have preconceived notions about America, but I'd say overall, Chinese people are friendly to people from other countries. Cities like Shanghai, as well as the new cities and ghost cities, are actually located in some of the more economically developed provinces of China, where you should be able to have a good travel experience.

@zw7191

2 күн бұрын

@@filippocorti6760I think it’s just because the base number is big. On the other hand the proportion of rich people are still small and the biggest consumer of vehicles are still middle class families

The trade war initiated by Trump in 2018 changed Chinese people's attitude towards American brands.

@JBEMultimediamadrid

12 күн бұрын

And Biden doubled down

@stevenlara8619

12 күн бұрын

Biden’s trade deals have been genius! He has made us all so wealthy during his term I can’t wait to vote him in for a second term!

@johnwhoo6194

12 күн бұрын

That's not totally true, iphone and tesla still quite popular now

@Jd-tu6oz

12 күн бұрын

​@@johnwhoo6194have you seen the iPhone sales number in China?

@fredericoduvel3092

12 күн бұрын

@@johnwhoo6194cause the US took out Apples biggest competitor, Huawei.

if americans themselves have enough with american cars, why expect foreigners to love american cars?

@Booz2020

11 күн бұрын

Make TOYOTA 🗾 Great Again 😎 Scotty Kilmer

@Yayaloy9

11 күн бұрын

Toyota is already great and will forcever be great

@dennisp8520

11 күн бұрын

If you want a big vehicle which most Americans do purchase than American automakers are a great choice. The problem is that American automakers are no longer cost competitive a nice truck is 80K USD which is just out of reach for most Americans

@Yochemm

11 күн бұрын

It's not only American cars, it's with much more American products and companies...

@productguru8323

11 күн бұрын

In the past 20 years, GM sells more cars in China than in US.

I am a Chinese. I bought the Ford BRONCO. It is produced in Hangzhou and the city where I work. The factory here also produces engines and gearboxes for export to the United States. In fact, it is true that people around me have bought a lot of American fuel cars in the past few years, but American fuel trucks began to decline about four years ago. A big reason for this is the emergence of Tesla MODLE 3, and people around us began to buy Tesla in large quantities because the electricity bill is very low but the oil price is very high. It costs only $30 a month to recharge, but it costs $230to use gasoline. At that time, Chinese trams could not compete with Tesla. Three years ago, Chinese car brands developed many tram platforms. Now many brands SMART, Toyota's BZ3, BMW mini and Volvo are actually Chinese electric platforms. They have just changed their shells and LOGO. In fact, Americans don't have to worry about it at all, because most of the software in the car is American, including intelligent driving chips, many cars are LUINX, and the chips are Nvidia and Qualcomm. As far as I know, Chinese chips are only used in cars under $30, 000, and Tesla is still ahead of the market share in China. The problem is that without a second Tesla, many Detroit brands have become outdated and unenterprising. Many American politicians are unwilling to face this, creating a lot of ideas that China is a beast. Every time I watch American news, I think about it. Are there many Ford and JEEP in Europe and Japan? I hardly saw one when I went on a trip, but it can be seen everywhere on the streets of China. In the past, China did not have overcapacity to produce socks and Santa Claus, but now it is said that we have overcapacity to build car phones. When I was in high school, I had an American couple who taught me English, showed us American movies and played GTA and Blizzard games for us at school. At that time, I thought the United States was the most advanced and democratic country in the world, but now I think the United States is a domineering country, always irrationally demonizing us.

@MNTrader2012

8 күн бұрын

This is actually a pretty honest and informative post. A refreshing read. Totally different from the rest of WUMAO trash. I would like to point out that, American news is mostly useless, especially when it comes from politicians. Most of our politicians are very low quality these days. Best not to judge us by the crappy news you read.

@themadmallard

8 күн бұрын

Americans generally don't conflate people with their governments like other cultures, so any demonizing you may feel is probably more directed toward the government than you. America has the highest number of Chinese people outside of China itself. And the problems facing Tesla are numerous, but your point about the cost, do you know that if you buy a new Tesla in the US you get a federal credit of $7500? That means that whatever price you see Tesla selling for in the US means it actually cost $7500 because most of the time, the news is only going to publish the price after that credit. The fact that EVs still cost more than gasoline cars is bigger part of why Detroit is slower to compete with Tesla. That federal credit could go away with very little warning.

@ivybae9906

7 күн бұрын

Even in Taiwan, We don't buy murikkkan cars, why on earth should mainlanders continue to buy muricas junks?! As a Taiwanese who also identifies myself as Chinese, I tend to buy merrikka brands as LESS as possible to show support for my fathers homeland, all mainlanders should the same when facing merikkkas bully

@Lee-fw3vq

7 күн бұрын

​@@ivybae9906 他明显是比较慕洋的 为什么这么说 因为美国车除了特斯拉之外在大陆并不流行 买特斯拉之外的美国车在大陆也是小众行为

@ivybae9906

7 күн бұрын

@Lee-fw3vq Shame on those who are still worshiping the United States of Snakes🐍 frm Both sides across the Taiwan strait. The best selling petrol cars here in Taiwan are Japanese, Korean and European, nobody wants to buy merican junkies even though our govt likes to lick the boots of Uncle Sam.🤧🤧🤧 Tesla Might be an exception due to the fact that competitive EV brands frm mainland China are either severely restricted Or directly banned by our govt. And we all know Tesla won't stand a chance of beating Chinese EV brands in Taiwan once BYD is allowed to sell their super affordable and competitive EVs here.

As a Chinese, My first car was a 2013 Ford Focus, maed in China. Apart from a few brake light bulbs and tire changes, it never had any issues and is still serving my father-in-law. The second one was a 2017 BMW X3, made in South Carolina, USA. I had to replace the turbocharger, transmission controller, and window glass motor. Now, I've ordered an ATIO M9 HEV and am awaiting delivery.

@935_moby_dick

2 күн бұрын

问界M9是吧😂

@filippocorti6760

2 күн бұрын

Mercedes Benz, or at least the ones made in the US, are even more trouble than BMW...I'd like to drive a Chinese car to see what it is like. Also, a Russian Lada.

@kub1353

2 күн бұрын

😂😂😂

Chinese automakers received $27 billion in subsidies to produce better vehicles, while General Motors and Chrysler received a $80 billion US bailout under the Troubled Asset Relief Program (TARP) to avoid bankruptcy.

@Keyit0

11 күн бұрын

Union vs no union

@q.heffner3612

11 күн бұрын

The big three will be right back at the trough by the end of the year begging for another bail out, and they will get another bag of tax dollars to squander.

@neilkurzman4907

10 күн бұрын

@@Keyit0😂😂😂😂😂

@benjaminkrala3047

10 күн бұрын

German carmakers are successful in China.

@TheFarrukhzain

10 күн бұрын

they were. not now. chinese market is so competitive. margins are so low.

I gave up on American automakers 20 years ago....

@rolandalfonso6954

11 күн бұрын

So did I but thirty. I. Just maybe, the Chinese will give up on theirs .Gonna be fun to watch! All good!

@merrick6484

11 күн бұрын

Flying Car is available and certified in China this year, all systems go for consumer market. Detroit big three don‘t have to worry about Electric battery anymore, but start thinking how to "Fly". 😂

@ChineseWinnie

11 күн бұрын

@@merrick6484 flying cars are available in the US too, they're called helicopters

@user-ll8ni9uh3d

11 күн бұрын

@@ChineseWinnie en chine on les appelle les dronnes taxi 5G+ sans chauffeur

@Booz2020

11 күн бұрын

Make TOYOTA 🗾 Great Again 😎 Scotty Kilmer

What is also not mentioned here is the vast number of engineers that china is and has been educating.

An unbiased, factual report about China, wow, just wow. For once i have to praise CNBC for honest journalism

The irony of communism beating capitalism at capitalism.

@Mohammadkwt

9 күн бұрын

China is a mix of both. Communism have nothing to do with the economy.

@DhruvaDevOnline

9 күн бұрын

@@Mohammadkwt "Communism have nothing to do with the economy". Have you watched the video yet or are you a bot just randomly commenting nonsense ?

@CorusM

9 күн бұрын

@@Mohammadkwt communism have everything to do with China's success. Although leadership stays the same for years and years, policies can be changed overnight to address imminent challenges, unlike in democratic countries where leadership changes every 4-5 years, yet policies take more years to be changed and adopted, despite the need, as law makers play dumb politics.

@LuisLopez2

9 күн бұрын

@@Mohammadkwt yeah, keep telling yourself that there sport.

@Mrhola-tz6wc

9 күн бұрын

I wouldn’t call china a communist country at least not in the sense we understand it

US cars are not preferred by most people outside of the US. For ICE cars, most prefer Japanese, Koreans, Germans, Europeans and Chinese.

@kennethb6211

12 күн бұрын

You don't want to giant suvs and trucks on your 300 year old cobble stone streets? Next your gonna tell us you don't like budweisee?

@lostwax8151

12 күн бұрын

Tell that to Europe then, who propelled Tesla to the best sold vehicle in 2023.

@Joseph-ub5wh

12 күн бұрын

​@@kennethb6211 to be fair Budweiser is disgusting. Sam Adams Is better

@vorlon81

12 күн бұрын

Fun fact : i went to a Less Touristy Place in China called Yunnan, the beer at the Bars there were selling Buds as Imported Fancy Beer.@@Joseph-ub5wh

@JCSY1

12 күн бұрын

@@lostwax8151 Tesla is EVs, not ICE cars and Tesla will very soon face very serious headwinds and competition from Chinese EVs.

For regions like Hong Kong that do not produce EVs, we are delighted to import what are known as overcapacity EVs. As for those regions producing EVs, you have two options: either increase your productivity or raise tariffs to protect your auto industry in the short term. However, in the long run, good luck to you.

In the 1970s we at AMI in Silicon Valley proposed a digital speedometer to Detroit. Their answer, "if it costs more than a nickel it does not go in".

Title should be why American automakers are failing or failed all over the world.

@duncankowable

11 күн бұрын

Putting China in the headline might be mandatory to qualify for federal funding

@Booz2020

11 күн бұрын

Make TOYOTA 🗾 Great Again 😎 Scotty Kilmer

@noneyabizz8337

11 күн бұрын

China has finally ramped up enough that they can sell enough of their blatant copies.

@vlhc4642

11 күн бұрын

The title should be why America insist on subsidizing an overcapacity in inferior obsolete manufacturing

@vicentvanmole

10 күн бұрын

It's like asking your kid why failing school , then comes up with the answer it's because of the others & the school's fault!

The US car manufacturing industry is suffering the same problem as Boeing. The "greed is good" mentality of the 1980's led to bean counters from the MBA programs dominating management and insisting on short term gain over quality, safety and the long-term viability of the firms. 🤔

@Marva123

11 күн бұрын

This is what I tell people. Our entire system has been corrupted with short term thinking

@danielzhang1916

11 күн бұрын

they need to get it together, the status quo has changed, China isn't going to wait for them

@FabioCapela

11 күн бұрын

One of the reasons China fares better is that executive compensation and dividends are quite lower as a percentage of revenues for Chinese firms. Less money siphoned out to already rich people, more money for expansion, R&D, lowering prices, etc. More so for state-owned firms. Executive pay at state-owned Chinese firms seems to be capped at less than 10x what the average employee earns, which is a tiny fraction of what CEOs earn in most developed countries.

@anydaynow01

11 күн бұрын

Yep started in the 60's but hit its peak in the 80's and 90's. They thought they could keep profiting off of malaise era cars, then wondered why no body was buying their cars as their traditional customers were heading into nursing homes and the Japanese got really good at making durable economy cars that people actually wanted, same with the Koreans in the 00's to the point where they took a huge chunk of the eco market from names like Mazda, Mitsubishi, Nissan and even Honda to an extent.

@Booz2020

11 күн бұрын

Make TOYOTA 🗾 Great Again 😎 Scotty Kilmer

I live in china and owns a chinese car XPeng. stepping into a foreign car is like stepping into the 20th century. makes me feel old and irrelevant.

Let’s not forget about the success of Tesla….. one of the most US brands there is. This is about legacy auto failure, not US automakers failure

@Adrian-op5ni

15 сағат бұрын

Yea but I think it has a lot to do with Elon. Once he moves on from Tesla I don’t know how Tesla will do on its own.

Once the $10k BYD Seagull is international it's game over.

@badbadbadcat

12 күн бұрын

Then BYD will be banned. US is panicking

@noezyks6652

12 күн бұрын

No, its not.People will buy once and they will never touch another ev.

@SaxonFaust

12 күн бұрын

US will tariff it lol

@cabasadefogo9533

12 күн бұрын

US car market is less than 13% of world car market. You can keep that for yourself. But you will lose every other market!

@Hans-gb4mv

12 күн бұрын

Except that the price will rise considerably. The 10k Seagull would never be allowed on our markets as it does not comply with our safety standards. Take the Dacia Spring, a small, electric car that originated in China and has been on sale in Europe for a few years now. But the price difference between the Chinese and European version is enormous.

China invested in its own development only a fraction of what US did on sparking wars in Middle East. And that brought outsized results to China. Imagine what the US would look like if it spent on its own people instead of creating human devastation.

@marktuyet

10 күн бұрын

Don't buy Chinese made products. Buy USA products or products from our allies .

@jbcom2416

10 күн бұрын

@@marktuyet The Iphone in your hands was manufactured in China. Do any of your allies produce phones?

@tw8464

10 күн бұрын

I wish it were that simple.

@jarrensmith1060

9 күн бұрын

​@@jbcom2416manufactured in china but every part is from America(aside from rare earths, even the batteries are assembled in America and shipped to china for assembly), Chinese products are notoriously shotty these days. Manufacturing in China isn't as cheap as it used to be 30 years ago their economy is the 2nd largest in the world, so now to reach quotas certain manufactures use cheaper materials ultimately creating inferior products.

@juanmiguelreyesguerr

9 күн бұрын

@@marktuyetWhy would I give money to genocidal psychos? No way I’m giving my money to US allies.

The real question should be, why the hell would American automakers succeed in China?

There are two important events in Chinese auto industry. First, with the help of the former Soviet Union, the First Automobile Works (in Changchun) broke ground in 1953 (production in 1956), that pretty much laid the foundation for Chinese Auto Industry. Second, Shanghai Volkswagen Automotive was founded (a joint venture between Shanghai Automotive and Volkswagen) in 1984.

Obviously, American companies prefer to use their funds to buy back shares rather than invest them in innovation. Greed is not always good.

@jackcarterog001

8 күн бұрын

Us government restricts innovation.

@MNTrader2012

8 күн бұрын

In China , innovation = IP theft.

@pritapp788

7 күн бұрын

@@jackcarterog001 Not just government, no. Companies like Apple and Tesla actively lobby Congress so that innovative products and companies from China and elsewhere can't access the US market. Because it would signify the end of days for them.

@angelsy1975

6 күн бұрын

@@jackcarterog001 May as well say regulatory capture restricts innovation.

@Wavetheory85

6 күн бұрын

US government has strangled companies to such an extent its probably too expensive and risky to attempt to innovate

The chickens have come home to roost for the short term focused American management.

@SamZedder

11 күн бұрын

Corporate Bonuses are paid out in the short term.

@tren133

11 күн бұрын

I mean just GM has been in China for over 25 years and were making upwards of 2 BILLION dollars PER YEAR just in profits. Multiply that by 10 for all the other major western carmakers who set up shop in China over the decades. That's a wealth transfer of literally hundreds of billions of dollars from Chinese consumers to all these companies. It's not like the Chinese got good at building cars for free here.

@ajkulac9895

5 күн бұрын

CEOs who made those decisions made a lot of money for their shareholders and are now enjoying retirement. No one cares what happens 30 years later.

The main difference between European and Asian companies and American companies is that the former aim to build better products, invest more in R&D, and focus on the long term, whereas American companies only think about the next fiscal quarter and how to appease their shareholders. Boeing gutted R&D, and its quality deteriorated over time, with bean counters from MBA programs heavily involved in management prioritizing short-term gains over the long term. It's crazy how Boeing went from one of the best companies in the aircraft industry to a company that cuts corners and endangers people due to its low-quality aircraft. The only aim of American companies is to see how to rip off customers the most. They cut down any form of competition in the USA to maintain dominance and artificially bump up the value of their products.

Same thing happened with Japan in the 80s. American automakers had full market access to Japan. But for some reason they did not make any cars that Japanese consumers wanted to drive, while the Japanese did their research and discovered Americans wanted reliable, quality cars.

@ajorbista

4 күн бұрын

GM attempted to compete in the Japanese market with Saturn , which at first was unique compared to other GM models. Didn’t end well in the Japanese market. Saturn in the US then started to become the same with other GM marques in the 2000s, with some being rebadged Opel models (Saturn Vue = Opel Antara), Safurn Astra (an Opel) a rebadged Pontiac Solstice (Saturn Sky), a basically typical GM minivan (Saturn Relay)… so the uniqueness of Saturn was gone and it was off to the chopping block when GM was bankrupt.

Instead of $600 billion being invested in infrastructure, over $1 trillion went into the pockets of 600 of the wealthiest families in the US.

@bwofficial1776

11 күн бұрын

And? Those 600 families run companies that provide jobs, goods, and services. The tax revenue their companies and workers generate will pay for those infrastructure improvements.

@julianjulian2957

11 күн бұрын

@@bwofficial1776 and chinese companies dont? LOL LOL LOL

@mostbestjia627

11 күн бұрын

And military industrial complex 😢

@triparadox.c

11 күн бұрын

@@bwofficial1776 LOL no. Have you seen the job layoffs?

@wlsduqwjd782

11 күн бұрын

J🤭

The first time a CNBC report about China is balanced.

@forbeginnersandbeyond6089

11 күн бұрын

You were just biased before.

@I_fuck_moms_of_CIA_trolls.

11 күн бұрын

​@@forbeginnersandbeyond6089 No you just have no🧠.

@williamaseng

11 күн бұрын

@@forbeginnersandbeyond6089CNBC is pretty China hawkish, bloomberg is more balanced.

@KCKnowsBest

11 күн бұрын

Actually all CNBC videos favor china and bash usa

@mikea5745

11 күн бұрын

Not well researched though. They made a lot of basic errors like stating TikTok is a top social media platform in China (TikTok does not operate in China)

Still, Tesla is neck and neck with BYD in EV sales with much higher margin in China and fourth largest vehicle manufacturer in total sales.. So there is a significant US presence but it is "He who shall not be named'. How could this piece be written without mentioning Tesla as a market leader in China, the US flag carrier and innovator??

The student has quietly and very quickly become the teacher.

@kwanarchive

7 күн бұрын

China has been the biggest manufacturer of everything for hundreds of years. China was never the student when it came to producing things. It just needed to recover from foreign invasions that destroyed its industrial base for a hundred years.

Let's be honest, Detroit build subpar cars, it's just facts.

@morriswatkins5667

12 күн бұрын

No they don't

@Jim-nt7xy

12 күн бұрын

It's planned obsolescence to force you to buy another crappy car.

@WickerDuck

12 күн бұрын

Facts. Big FACTS!

@fredericoduvel3092

12 күн бұрын

So why are you allowing your government to bail them out every time with your tax money?

@-JSLAK

12 күн бұрын

Fake news, South korea and china are building the cheap junk.

First real reporting on China I saw from a US media😂 I gave a thumb up.

@MMLL369

6 күн бұрын

Ya, I haven't seen such rational report for a really long time.

@nafisalammunshi8555

5 күн бұрын

USA means propaganda star

@deanzaZZR

5 күн бұрын

Agreed, I am surprised by the neutral tone.

The same thing happened with Japanese automakers in the 60's and 70's, later with Korean. Their products were reliable, very well equipped - a cigarette lighter was optional or not even available in many European made cars - and soon they had a solid reputation like Toyota, Honda, Datsun/Nissan, Hyundai etc. Legacy automakers simply have to embrace the idea that their businesses will shrink in the upcoming future.

There are reasons that China hasn't banned foreign cars, and Tesla could even sign a deal with Baidu recently. China welcomes the competition because it keeps the Chinese brands competitive. In contrast, the US is banning Chinese goods and putting up trade barriers and high tariffs on behalf of GM and Ford. Doing so eliminates the competition, rakes in massive profits for these companies' shareholders, and jacks up car prices for American consumers because they can't buy lower prices imports. It also makes US companies less competitive.

@935_moby_dick

2 күн бұрын

😂so happy that I can buy the Polestar which is made in China here in Texas. I love Texas 😅

@935_moby_dick

2 күн бұрын

@@KennyCronin-wq8xqtoo late they r already here😮

@veduci22

2 күн бұрын

China banned foreign companies doing business in China without having a joint venture with domestic partner, that's how you eliminate the competition and "gain" intellectual property...

@stockdetective4396

2 сағат бұрын

Well said!!!!

Fair report. Unlike American politicians' rhetoric saying "oh Chinese you have over capacity"... buried your heads in the sand.

First time I agree with a CNBC video on China

@jasonchuc

12 күн бұрын

First video from CNBC that is based on facts😆

@wf3767

11 күн бұрын

👍 A lesson for CNBC or any other mainstream media: people are not stupid. Biased or inaccurate reports will only harm their credibility. Knowing the truth is always the best regardless of your emotions or political stance.

@Booz2020

11 күн бұрын

Slava 🇹🇼

I remember very well the dominance of Japanese cars back in the early 1980s. At that time we have not yet figured out how to make small cars. It took quite awhile to catch up but we still could not compete with Japanese cars.

@michellej8230

5 күн бұрын

Even Japanese cars are failing too in china

@bluestar2253

5 күн бұрын

@@michellej8230 Your right. The last time I visited China in 2013, I did not see many Japanese cars there. However, I did see quite a few VW and Mercedes Benz. They seem to love German cars.

This is by far the only reasonable/precise video describing China and the Us' automakers industry.

Not just China. Whole of Asia. Hard to find anyone driving GM or Ford cars here

@Cptdng

10 күн бұрын

And middle east

@johnnytran800

9 күн бұрын

Ford Rangers are pretty popular in Vietnam

@mariusc3859

8 күн бұрын

​@@johnnytran800won't be the same story in 10 years

@sandponics

7 күн бұрын

It is almost impossible to find anyone anywhere driving Australian made cars at the moment.

@devinfraserashpole4753

5 күн бұрын

@@johnnytran800 They were popular for a bit in South Africa, then the Hilux came and replaced them.

Just look at these cars. Slick, modern, cool, elegant! I respect any nation that can compete by making a better product. And it's highly rewarding to be customer-focused!

Yeah I was in Southeast Asia, I wish we had some of the trucks and cars here.. and they’re actually affordable

Currently residing in China, I’ve observed a significant shift in automotive preferences among the locals. The majority are opting for more fuel-efficient, affordable, and reliable vehicles. Brands like BYD and Roway are leading the charge, crafting well-built cars that meet these demands. Tesla’s establishment of a Gigafactory in Shanghai has notably accelerated advancements in car battery technology and automation in electric vehicles (EVs). These EVs are not only fast and efficient but also perfectly suited to the urban lifestyle here, where cities are densely populated and everything is relatively close by. Unlike in the U.S., where long-distance travel demands more fuel consumption, the compact urban environments in China make EVs and smaller, efficient cars a practical choice. Moreover, the build quality and quality control of these vehicles are exceptional. Priced around US$10,000, these cars offer formidable build quality at a fraction of the cost of Japanese models, which, despite their fuel efficiency, often fall short in terms of handling and overall build. In contrast, American cars suffer from high import taxes and poor quality issues, making them less appealing here. It’s clear why these cost-effective, well-crafted local cars are becoming the preferred choice among Chinese consumers.

@tooltalk

9 күн бұрын

sure, oooomaoooo

@jackgaffney8468

8 күн бұрын

BYD cars are also exploding randomly every day in China.

@Aurica34

8 күн бұрын

@@jackgaffney8468 Where is the proof?

@tooltalk

8 күн бұрын

@@jackgaffney8468 Most of them are PHEVs with small blade batteries.

@juliozandamela

8 күн бұрын

​@@jackgaffney8468bro stop lying i am in a Facebook group, there's people from UK, Europe, Australia, Brazil etc everyone is loving BYD cars, ain't nobody complaining about it. They're even selling their combustion vehicles to buy a second even 3th EV

Really surprised by the fair reporting, considering China bashing is such a fashionable thing to do nowadays in the US.

@AtticusKarpenter

8 күн бұрын

Really funny to see all this videos about how China's economic is crushed to the ground dozen times for last half of a year already 😂 just how Russian economy is "teared to pieces" since Obama and yet outproducing NATO while keeping social spendings intact (like yeah okay Tucker ashames himself with video about Russian shop treating as innovations things that normal also for European shops if not American ones, but its not the point - point is Russian shops looks like decent European shops while Russia waging the most huge and expensive war of the century and producing shitton of weapons while West collecting scraps and gaslighting people into war mentality despite not formally being side of the war to prevent even more riots when social spending will be cut even more)

One of the major problems with big American companies is that they pay too much money to the top management and shareholders of the companies. What if instead of paying 10billion to the above and just pay them 5billion. Take the other 5billion and spend it on R&D and quality.

You work for 40yrs, to have $1m in your retirement, meanwhile some people are putting just $10k in a meme coinfor just few months and now there are multi millionaires, I pray that anyone who reads this will be successful in life.

@Moraynutshell

7 күн бұрын

Treading in Bitcoins now is the wisest thing to do now especially beginner......

@JamesDerek-yg3pp

7 күн бұрын

Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.

@tom-kw5rq

7 күн бұрын

Honestly I really need help learning to trade. Seeing my portfolio low makes me very sad.

@Muhammadsalah-bo6nx

7 күн бұрын

​@@tom-kw5rqYou're right! I have lost a lot trading all by myself without a guide, it's been an uneasy ride for me. Who is your mentor please. How can I reach her I really need help in this bear market now?

@RichardSwales-sp6ls

7 күн бұрын

+44

We Americans are done with American Automotive industry. Thats the reality of 50% of population of American Society. I cant afford 50000$ Hybrid Cars. And 60000$ EV Cars. I don't want to be in debt for my whole Freaking Life. Thats the Reality.

@dennis007

7 күн бұрын

I watched a report that the price of Toyota Corolla is around $12,500 in China. It's $25,000 in US. If the Chinese cars are allowed to enter US market with no hefty duty, the inflation will go down fast. However, whoever wants to do it may lose the election.

@leosv0

7 күн бұрын

​@@dennis007but then your unionized American workers will lose their jobs.

Look at brands like Nio and Byd, if you drive them and look at the inovation and price. The western cars looks like old technology.

@TeeHee-vo1bn

11 күн бұрын

Lol, they are just Tesla copycats.

@eternalobi

11 күн бұрын

@@TeeHee-vo1bn Tesla literally dont even make their own battery, so much for copycat lol

@marktomm

11 күн бұрын

@@TeeHee-vo1bn you just a dump Yankee as any CIA bot 🤣🤣

@FabioCapela

11 күн бұрын

@@eternalobi Indeed. Outside the US, Tesla uses Chinese batteries from BYD and CATL.

@TeeHee-vo1bn

11 күн бұрын

@@eternalobi Lol, manufacturing batteries is the easy part. Tesla literally created the EV industry. Chinese brands are copycats just like the phones. It is a me-too country.

America is no longer hungry. We just want to keep things the same way. We should be doubling down on technology but we keep making cheap gas cars cause it worked in the past.

The problem for US car companies (other than Tesla) was NOT that Chinese car companies are learning too fast. US car companies have generations of technology in ICE cars ahead of Chinese car companies (especially in transmission). And US car companies didn't expect Chinese car companies to be able to catch up in ICE cars (Chinese car companies still cannot). The problem was that they didn't expect consumers in China accept EVs so easily and quickly (Tesla might have something to do with this). And they under-estimated Chinese government effort in going green in transportation - in term of building out recharging stations, setting up rules to prevent ICE cars from going into city center, and giving out subsidies. They were banking on ICE cars to continue dominating the car market in the world, and paid very little attention in EVs (except for Tesla, of course). They made a strategy error in staying with ICE cars and paid the price. Meanwhile Chinese car companies listened to their government directives, and give up on ICE cars that they don't any competitive advantage any way.

The US anti-China policy of "High Fence, Small garden" championed by Sullivan & Blinken will be wildly successful. The high fence will prevent China from importing its EV into the US market directly, but the US market will become the small garden that American car-makers are contained in. The rest of the world will be the playground for Chinese EV companies.

@davidlim5

8 күн бұрын

Americans will soon learn to buy good & cheaper EV Chinese cars. .

@wongtan5680

6 күн бұрын

Why would Americans be under the command of a Jewish person like Blinken

simple: because the Chinese car makers make no excessive profit and is much more cost-efficient

@l-ox6ct

11 күн бұрын

That's very true. I bought a BYD car 3 years ago for 140k RMB (~20K usd) and it's still working perfectly. I think I would need to spend over 40k for the same quality if I chose Japanese or US brands...

@weifengmao

11 күн бұрын

It's the Competition. No companies in the world wouldn't want excessive profit.

@mengreat6982

11 күн бұрын

You said 1000% right

@Hzx-fk4pn

11 күн бұрын

it's not only cost efficient, BYD and other Chinese car companies do have very advanced techs for EVs

@prastagus3

11 күн бұрын

1 to 2 decades ago, US said that China's economy is very inefficient and productivity very low. Now it complains that China is too efficient and too productive thus causing over production and cheaper high techs which no other nations, including itself, can match ...... Thus must be sanctioned. Oh, the irony.

Well the US Secretary of Treasury was in China complaining that Chinese Solar Panel is flooding the US market! 😂

I’m shocked at how well my 2013 Tesla Model S connects easily to my smartphone with Bluetooth, but when I rent a new car after flying to another city the foreign and domestic cars I rent can’t even make properly connecting Bluetooth.

As a Chinese who loves my country, this unbiased, objective report on Chinese EV industry from an American media is hardly seen in these years. And it resurges my respect for American journalism.

@wynterwei9628

11 күн бұрын

这么说吧，客观公正是因为它真的打不过了而不得不客观，主观比较起来美国汽车在本国都不占优势……

@michaelz5497

11 күн бұрын

舔的好。。一篇报道就又有好感了？钢针，里面很多的视频片段本来是要展示现代化技术的片段，用的还是上世纪片段。太拿衣服了你

@iqbang9236

11 күн бұрын

@@michaelz5497 He's merely encouraging the media to report China fairly in the future. Agree that is naive.

@shenhan5440

7 күн бұрын

@@iqbang9236i’m not exactly encouraging the media, but encouraging the audience. to show them that as Chinese, we DONNOT hate western media, but we hate biased, truth-twisting media.

@abcxyz6606

6 күн бұрын

Dont let a few Sprinkle of 'fair' reporting trick ppl to give over any respect or trust. Thats how some cunning manulpators try to keep tricking people, like using trojan horses, to make people let their guard down. Always expose and call out any dirty Lies and Projections from MSM

It sounds like American cars are competing with Chinese cars, but the reality is long before Chinese cars boom, American cars have failed the competition towards Europe cars, Japanese cars, Korean cars everywhere including even US. The major competitors in international markets don’t include US makers except for Tesla. Most US car makers are protected by government to still survive.

That’s why I sold my GM stock and bought NIO

China is going hard into renewables and EVs. The American Big 3 EV offerings are lukewarm at best, and Tesla is in chaos.

@REYfromTX

12 күн бұрын

“Tesla is in chaos.” Thanks, I needed a good laugh.

@raf7665

12 күн бұрын

The demand isn't there so let China keep producing products no one else wants to buy

@michaeloreilly657

12 күн бұрын

​@@REYfromTXChinese manufacturers refresh their cars every year. Buyers have a reason to replace regularly. Tesla, every decade.

@lostwax8151

12 күн бұрын

Tesla is in Chaos? Bwahahaha! In your dreams. Best sold car in 2023. And the most profitable large brand worldwide.

@StopWars420

12 күн бұрын

Tesla is trash. My brothers boss got one and it keeps having issues. He had it for a week before it started failing. Now it's in telsas shop and waiting who knows how long. he's debating getting a refund from the lemon law.

Interestingly, the hieroglyph of "greed（贪）" in Chinese is very close to the meaning of "poverty（贫）". There is only one difference in the structure of the two characters, which illustrates a truth: people should not be excessively greedy, otherwise the result is nothing. This is the wisdom knot of the great ancient China.

@sandponics

7 күн бұрын

Donald, you are right on the money, wise man.

@paranoidhumanoid

5 күн бұрын

Hanzi are _ideograms,_ not hieroglyphs.

China's car manufacturers are heavily subsidized. It's not a level playing field.

@ericwen3977

4 күн бұрын

America subsidized 108 billion to auto industry vs 27 billion in China.

A very pro Chinese video.That’s all I need to say about it

The main problem of US companies is that they make every single decision thinking about the shareholders first; Boeing gutted research, development and equality control. Now the company is in a nose dive. While everyone was researching 5G technology, AT&T and Verizon were ALSO gutting R&D in favour of purchasing stream services, media rights and giving higher bonuses to the CEO.... That's becoming a trend in every sector. Even tech companies started laying off massive amounts of employees while reporting record profits.

Quality, plain and simple. American products especially cars aren't built to the standards that the rest of the world can achieve. A lot of this boils down to labor costs. American workers are expensive so costs need to be cut somewhere and that's in the manufacturing tolerances. Why would the Chinese customer buy an American product when the Chinese made one is a significantly better product? You really see this with Tesla. The Fremont, CA built cars are complete junk while the ones coming out of the Chinese factory are rock solid. Its the same exact cars but one is built much better than the other....

@jakeroper1096

12 күн бұрын

Literally nobody thinks this. Nice try though

@Fr00stee

12 күн бұрын

what's stopping american manufacturers from setting up plants in china and making the cars there?

@Kennon959

12 күн бұрын

@@Fr00stee Tesla did, Ford and GM have JV's but VW was king up until recently and of course with flare ups in Geopolitics people will be against buying a car with an American brand much the same as Americans stating they;ll never buy Cheinese

@arcturionblade1077

12 күн бұрын

​@@Fr00steeThe CCP, I'd imagine.

@pyrophobia133

12 күн бұрын

​@Kennon959 even when they're not buying Chinese, they're buying Chinese, stealth tactics...

Kuuut you are the best. Thanks to you too!!!❤❤❤

13:45 It’s a bias that Chinese customers don’t like American cars. When I was in Shanghai, my first was a Chevr, and then a Buick. American cars still been chosen by a lot of people in China. Nowadays, the reason why GM sales declines is that the they can’t keep up with their Chinese peers. The hybrid cars(BYD Qin&Roewe D5X) in China with 10kwh battery cost less than 20k USD. Both of them have superior drive experience and big screen driver interface. In tech development road map point of view, the gas power reached its limitation, people need to consider the future tech trends.

@ivybae9906

7 күн бұрын

Gimme a break. Even in Taiwan, We don't buy murikkkan cars, why on earth should mainlanders in china continue to buy murican junks?! As a Taiwanese who also identifies myself as Chinese, I tend to buy merrikka brands as LESS as possible to show my support for my fathers homeland, i suggest all mainlanders do the same.

@user-qs3cg5kl8f

7 күн бұрын

@@ivybae9906 不用担心，现在大陆95后，尤其是00后，在购买汽车时，基本已经不考虑合资品牌了。只有愚蠢的60后、70后和少部分80初的人，还在顽固的迷信外国货。然而这些人显然阻挡不了大趋势。

@gerrardlee8879

3 күн бұрын

@@ivybae9906 Taiwan and Hong Kong = China. Future Tawain SAR like Hong Kong!!!!

I find CNBC videos generally to be poorly researched and inaccurate. This was an exception. However, a few things that were missed. First of all, Buick was successful in China (and not Cadillac) for a very specific reason. Famously, Zhou Enlai had a Buick and this marque was considered the most prestigious brand of automobile for decades, but unfortunately, GM missed this and introduced low-end, poor quality Buick vehicles into the market with this Brand and completely destroyed the brand image (albeit it worked well for a while as average Chinese families were wowed that THEY could drive a Buick). It then tried to introduce Cadillac, which in China had significantly less brand value. This was a huge mistake. I think westerners underestimate how powerful the Chinese government is in altering buying behaviour patterns. Using very subtle messaging, they can dramatically alter what Chinese people buy and as I write this it's becoming more and more apparent that the US is out of favour as they continue to bully China. As this video suggests, VW could survive, but I think the American companies are done and it was all self-inflicted. Joe Biden personally has to take some of the blame for this as does Donald Trump. The problem for these companies is that it's becoming ever more apparent that in order to compete globally, the product needs to be built in China, like Tesla is doing. So any tariffs put in place affect not only Chinese companies but also western companies that produce in China, hence the reason that VW and Mercedes-Benz are pushing back against EU tariffs.

@tw8464

10 күн бұрын

Excellent points. I might add that certain models of Buicks in the past were actually reliable cars. Yes that unfortunately is not the case with other models or cars. The US really needs to get away from planned obsolescence, if we want to compete globally.

@panjinbo8613

9 күн бұрын

Buick is famous in china, based on brand accepted in china, I thought it have chance to make money in china again

@brocklanders6969

9 күн бұрын

You're soo wong.

@user-tt7qn3mi7o

9 күн бұрын

我在2018年买了别克，很好开我很满意，但是美国车4年后质量有问题，多数是小问题，比如后视镜折叠，显示屏等等，加上美国一直欺负中国打贸易战，所以我卖掉了我最心爱的别克，现在换成BYD，不用油我很满意。但是还是别克好开，可能是我选择

@brocklanders6969

9 күн бұрын

@@user-tt7qn3mi7o Engrish please

American have to wake up to the fact that other countries can be very competitive in manufacturing and one day in design as well. You have no choice but to stay in the game by investing in innovation and continue to engage and not decouple.

Today I sat in different Nio's... these cars are nuts

Rarely a fair report without political bias, way to go CNBC

@MacrosFTW

12 күн бұрын

This coverage was good and fair.

@michaelz5497

11 күн бұрын

WELL if you watch closely many of the footage used in this video supposed to show the cutting edge technologies in China are from decades ago😂 The peoples clothes and the factory layout haha

@jianhu6563

10 күн бұрын

CNBC good

@NeostormXLMAX

10 күн бұрын

They showed wrong map of china

China has been prepared EV technology since 1990s. One of the top scientists of China (Qian Xuesen, one of the cofounders of NASA Jet Propulsion Laboratory) wrote a letter to the central government and suggest focus on EV technology in 1992. That's why Tesla can start using Chinese supply chain very quick after their Shanghai factory was built because everything was already there and just need to be polished by the market. There weren't too many patents registered in the 1990-2020 in the EV related industries, so Chinese companies don't need to spend extra money and time to find a way to avoid the existing patents like the ICE cars. Many electric related patents like the electric motors were already registered by Chinese electric parts companies originally for bullet trains or other industrial vehicles which can be bought easily with no competition situations.

@tooltalk

9 күн бұрын

China's plan was to steal Japanese/Korean battery technologies.

EV get FREE license plates right after registration in Shanghai (though the cheapest models under 100K yuan are also banned to sell in the city), comparing to 90k+ yuan (around 15k USD or 20k CAD) per local license plate plus the lengthy auction that need some luck for internal combustion vehicles. This is a huge incentive for locals to switch from foreign brands to more affordable Chinese EV brands or Tesla. Gas cars selling under 100k (likely domestic brands like Geely, BYD and Chery before they started making EV) do not make economic sense if you want a local plate. Ford Focus/Mazda 3/ Honda Civic/Toyota Carolla are the common starting point, and most people will go with Camery/Accord/VW Passat/Buick or BMW 320/Audi A3 if they want Sedan, Honda CRV/BMW X1/ VW Tiguan for suv. While the non-local license plates are banned from entering downtown core areas during weekday rush hours, residents in Shanghai now can get a decent EV AND a local plate around 150k. The cheapest Tesla model is around 180k (local license plate included), while the entry level BMW320 is around 280k plus 90k for local plates.

I think American cars are failing in every countries. In Australia, when ppl wants to buy a car, I don't think anyone is gonna rank US cars as their top option.

If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you... prevent inflation

@SallyCraig-xx2tg

11 күн бұрын

Thanks for continuing updates I'd rather trade the crypto market as it's more profitable. I make a good amount of money per week even though I barely trade myself.

@WilsonBrown-ct3bs

11 күн бұрын

A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some ‹professional advice. ‹it's totally inappropriate for investors to hang on while suffering from dip during significant

@SallyCraig-xx2tg

11 күн бұрын

You trade also?, I

@WilsonBrown-ct3bs

11 күн бұрын

No I don't trade on my own anymore, I always required help and assistance

@WilsonBrown-ct3bs

11 күн бұрын

From my personal financial advisor

You know, I'm starting to think that the US is attempting to do what they do to South American countries and Middle Eastern ones when they aren't doing what's is expected from them. Except, China is no small country that can be bullied into what the US says.

@alexpan8138

11 күн бұрын

The Dominating Club of the world is called G7, keep all the global south countries poor, and supply cheap goods and raw materials and energy, and they stay on top of the food chain like a king. However this is changing because of China. We Chinese ppl never bow down to bullying imperialism, and we are well organized to work hard towards one goal, to make China great again like where she stood for 5000 years.

@TsLeng

11 күн бұрын

The playbook on Japan didn't work

@XxLIVRAxX

11 күн бұрын

Southamericans are perfectly capable of ruining themeselves with little foreing influenced.

@TuhunluunBionoid

10 күн бұрын

The play book on Soviet Union during Cold War also has not worked out so far. China is no Japan, nor Soviet Union.

@TsLeng

10 күн бұрын

@@TuhunluunBionoid yes, didn't fully turn Russia into a meek vassal. I would credit strong leadership in Russia (after Boris...), Mostly Putin

In India, American companies in the early naughts were selling cars at a fraction of the American sale price - the implication being they were over-inflating prices in rich countries. Then as India grew richer, so did the price. This "price gouging" worked as long as local companies offered inferior cars (even at cheaper prices). Once the technological gap narrowed, there was no reason to buy these cars at their over-inflated price points.

Excellent points

"Chinese only want to buy Chinese brand." Sounds American to me.

@vlhc4642

11 күн бұрын

If Chinese only buys Chinese brands China wouldn't have became VW and GM's largest revenue source for all those years. Chinese buys the best cars, and right now the best cars are China, it's that simple. It's only Americans, and only some Americans who'd pay extra for American made trash.

@tren133

11 күн бұрын

Except the Chinese consumers actively chose to pay more for foreign brands such as VW, Buick, and even Japanese brands such as Toyota and Honda for DECADES. Why are they just now switching to Chinese brands. Nationalism might play a part, sure, but the fact of the matter is Chinese brands are simply just as good, if not better, than western brands, and on the EV side, they are easily better.

@nicholasl5247

11 күн бұрын

It is not true . In fact Chinese Market is OPEN to all international brand . Many brands including local brand faded out because of fierce competition , lack of performance , not because they are from oversea brand .

@user-ud7np2em1c

11 күн бұрын

We actually prefer the German brands, but they are too expensive.

@vlhc4642

10 күн бұрын

@@user-ud7np2em1c Nope, German brands are seen as outdated by everyone under 40.

If the US doesn’t allow China cars being sold in the US then so does China don’t want American cars to be sold in China. The feeling is mutual, nothing personal just business decisions. If you don’t allow Huawei or other Chinese branded phones then they’ll also stop buying Apple iPhones and the list goes on and on. Chrysler, Ford and GM have the worst reliability among European, Japan and Korean brands anyways.

@boli1435

11 күн бұрын

Tesla, Apple etc were popular in China. American brands were never banned in China, at least at government level. While the Chinese government has expressed their anger towards US sanctions against China, they welcome all American businesses. This promoted investment and healthy competition.

@maximusasauluk7359

11 күн бұрын

​@@boli1435 literally no, all non-chinese information tech companies are banned in China. So much for your silly competition argument.

@onemorechris

11 күн бұрын

that would be fine if chinas market wasn’t 4x that of the US.

@c0rnichon

11 күн бұрын

@@boli1435 Western car manufacturers could only sell and produce their cars in China if they joined forces with Chinese companies and taught them how to make better cars. This is not a real competition.

@eternalobi

11 күн бұрын

@@maximusasauluk7359 Amazon is not banned in China, they are just extremely uncompetitive compared to local brands.

It's not good to underestimate, but it's not good to overestimate

How should EVs serve as a point of contact to the customer like smart phones when customers use their phones 12 to 18 hours a day but their cars less than 1 hour? I think there will be many company expectations sobered by reality in the years to come.

Betting against the Chinese is a losing strategy. Buffet knew this all too well, so he invested in BYD as early as 2007.

@goodfodder

9 күн бұрын

sad but true, with 2 billion slaves and 0 environmental concerns

My family used to love American cars. My very first car was a Oldsmobile Cutlass Ciera, my dad drove a Cadillac Fleetwood Brougham d'elegance, and my wife first car was a Dodge Neon sports. And we bought them brand new. However, the quality were so crappy that the cars literally fell apart in about 3 years.

@Booz2020

11 күн бұрын

Make TOYOTA 🗾 Great Again 😎 Scotty Kilmer

@peaceloverespect

11 күн бұрын

bot

@re4796

8 күн бұрын

No way an Oldsmobile fell apart.

我看了下评论，大部分的美国人还停留在中国汽车仅仅是便宜上，事实上，中国电动汽车无论从价格，质量，科技，舒适，安全已经全面领先了。表达中国汽车仅仅因为便宜的人，他们完全没有试驾过真正的汽车，所有的都是他们“认为”。

@michellej8230

5 күн бұрын

Most people are still sleeping

America is great at producing over priced vehicles at high margins. Unfortunately the majority in America can’t afford them and foreign markets see through the price gouging compared to what you get versus other options.

@leosv0

7 күн бұрын

There are no trade unions in China.

American automakers care more about shareholders than about the consumer. I think that’s the biggest mistake. Worldwide automakers try to offer a good product while the american automakers whant to make it cheap and charge as much as possible. Cheers from Portugal.

@kamarulbahreinhashim2105

5 күн бұрын

It's not just automakers. Take a look at Boeing and what is happening to it now.

China is a great example of how government central planning and educated politicians can revolutionize multiple industries. Unfortunately, America only looks ahead quarter by quarter, while China plans decades in advance.

@doujinflip

11 күн бұрын

China doesn’t look that much farther ahead though. Their overall debt load to be that “great example” makes America look prudent, and it’s really beginning to drag on China’s economy.

@mengreat6982

11 күн бұрын

Go socialism, the only hope to control and contain the elite capitalist to get richer (70% of US wealth) and start rebuilding middle class

@onemorechris

11 күн бұрын

governments are very well placed to think multiple years and decades. certainly further than businesses can realistically. it’s a choice to think so short term. it might win elections but it doesn’t work for most of what was covered in this video

@marktomm

11 күн бұрын

@@doujinflip American Debt load is much much higher than Chinese no matter where you look. Public debt, corporate debt, private debt (household/credit card/ student loans/ mortgage..... etc) make google your friend & get your numbers right. Here's one example kzread.info/dash/bejne/fKmGmtKKoc_bh7w.htmlsi=BZUQu8q2RjnnGPLC

@MJ-revered

11 күн бұрын

That's because China's economy is now rapidly transitioning​ to a knowledge based society while their growth rate is still impressive.@@doujinflip

Such questions like "Why American Automakers are Failing in China" should be directed at the American CEO's as they're compensated disproportionately as if they're so worthy that without them, the world would stop turning.

In China , Tesla model 3 car selling price is $32,000. Why can't they do it in USA at that price ? It shows they are greedy and West paying for it.

@chrislu9574

11 күн бұрын

With the TAX Credit it is about the same price.

@ETK789

11 күн бұрын

Because of too much competition in China

@xuray6082

11 күн бұрын

also China made tesla using chinese supply chain which is more cheap than elsewhere

@yota8325

11 күн бұрын

​@@xuray6082yep Chinese tesla definitely cheaper to make than a American one

@wam7484

11 күн бұрын

American versions need to meet expensive DOT regulation. Chinese models don't. That's why Chinese EVs aren't sold here.

The Big Three in the USA quit innovating. They decided to subcontract, and let others be their parts suppliers. The bidding process left little to negotiate. They wanted OEMs to produce, not build better parts. They relied on their past achievement, building big cars and trucks with high profits. Left the affordable vehicle market to foreign corporations. The foreign corporations innovated to produce high-quality, affordable vehicles, to dominate the US market with unit sales. The huge profits were repatriated to their home countries. MBAs in US elite universities were taught financial management but did not learn how to manage a workforce, nor the engineering skills to be leaders in manufacturing.

@mostbestjia627

11 күн бұрын

Also sounds like what Boeing has been doing in recent year

@peace8373

10 күн бұрын

@@mostbestjia627 So true.

I am 68. My last American car was a 1993 Ford Explorer. It was built on a truck chassis. And it drove like a truck. My wife refused to drive it. We traded it in for the Cash for Clunkers program. Purchased a brand new 2009 Honda CRV. I have not purchased an American car since. My girl just purchased a 2021 Tesla Model 3 brand new in 2021. We still have her 1997 Honda Accord 200K miles. My 2009 Honda Crv 196K miles and my 2019 Honda Ridgeline 45k miles. The Ridgeline has had several recalls. I am done with the newer Honda vehicles. They are not built with the same quality as they use to be.

Everyone knows most of global car manufacturers use design,engineering and technology centers in USA to develop their cars right? USA has hundreds of design and technology centers that are involved in developing best selling cars globally. Many big car companies have design centers in California. Toyota, Honda, Nissan, Hyundai, Kia , BMW and more have design and technology centers in CalifornIa. Californias NVIDIA does all Ai and self driving development for Mercedes, Land Rover , Hyundai, Genesis, ….and wait for it! BYD. So USA is the technology leader helping BYD. Not to mention Apple and car play that is in many cars now. USA is still very much the engineering, technology and design center for automotive industry. Some of most popular cars have been designed in USA.