better than these 20th century tech made in america cars. actual modern vehicles. America on PS4 stillmade in china ass cars
Breh shows why Chinese cars aren't sold in America. UPDATE: Mexico getting CEVs
- Thread starter Seoul Gleou
- Start date
Been saying this. (Big 3) America hasn’t innovated seriously in the last 20 years. Just been coat railing what the Germans do which will only get you so far.
IIVI
Superstar
fukking hypocrites
Nascimento
swohz
Comrade Babble
We offshored manufacturing industry along with all supporting supply chains, then inflated debt and cost structures for all the basic necessities of a decent life: education, healthcare, medical drugs, housing, utilities. Because that is the best way of extracting wealth out of the real economy into the pockets of rent-seeking rich oligarchs, without anyone realizing what's happening, like a slowly boiled frog. With the added effect that Western workers are forever priced out of industrial competitiveness. Industry in the West is now a complete nonstarter and we will have perpetual trade deficits as all manufacturing is taken over by brics led by China, meaning currency devaluation and drops in living standard as we can afford less and less stuff. Longterm trend will continue toward a society with obscene wealth and abject poverty and nothing much in between. In a nutshell.
The only way out is private debt forgiveness and starting over the economy. But that would mean the wealthy would have to give up their wealth on the other side of the balance sheet. So which government will go against their paymasters? Harris or trump?
The only way out is private debt forgiveness and starting over the economy. But that would mean the wealthy would have to give up their wealth on the other side of the balance sheet. So which government will go against their paymasters? Harris or trump?
The thing is and maybe I`m being over simplistic but the USA automakers could have just taken an Apple Approach with US designed EVs, design in USA produce in Mexico + small-town USA assembly.
They literally don't even have to be fancy when you look at how minimalist Teslas Are. All people really need is Bluetooth, Auto Heating and Air and Backup Cameras lol. Anything else is an added bonus. So the fact they couldn't produce a Sedan for Sub 20k is because they simply did not want to.
Sub 20k Sedan, Sub 30k SUV both paired with a 3-5K Govt Tax Credit.
They literally don't even have to be fancy when you look at how minimalist Teslas Are. All people really need is Bluetooth, Auto Heating and Air and Backup Cameras lol. Anything else is an added bonus. So the fact they couldn't produce a Sedan for Sub 20k is because they simply did not want to.
Sub 20k Sedan, Sub 30k SUV both paired with a 3-5K Govt Tax Credit.
Letting corporations set up shop in overseas and closing plants in America and the UK is why we are at where we are. Outsource everything so shareholders can have every single profit.We offshored manufacturing industry along with all supporting supply chains, then inflated debt and cost structures for all the basic necessities of a decent life: education, healthcare, medical drugs, housing, utilities. Because that is the best way of extracting wealth out of the real economy into the pockets of rent-seeking rich oligarchs, without anyone realizing what's happening, like a slowly boiled frog. With the added effect that Western workers are forever priced out of industrial competitiveness. Industry in the West is now a complete nonstarter and we will have perpetual trade deficits as all manufacturing is taken over by brics led by China, meaning currency devaluation and drops in living standard as we can afford less and less stuff. Longterm trend will continue toward a society with obscene wealth and abject poverty and nothing much in between. In a nutshell.
The only way out is private debt forgiveness and starting over the economy. But that would mean the wealthy would have to give up their wealth on the other side of the balance sheet. So which government will go against their paymasters? Harris or trump?
The CEO of Ford says he's been driving a Xiaomi EV for the past 6 months and doesn't want to give it up
Ford CEO Jim Farley previously told a board member that China's auto industry was an "existential threat" after visiting the country in May.
www.businessinsider.com
The CEO of Ford says he's been driving a Xiaomi EV for the past 6 months and doesn't want to give it up
Kwan Wei Kevin TanFord CEO Jim Farley said in a podcast interview that he'd been driving the Xiaomi SU7, an electric vehicle made by the Chinese electronics company, for the past six months. Spencer Platt via Getty Images; Costfoto/NurPhoto via Getty Images
Ford CEO Jim Farley says he's been driving the Chinese tech giant Xiaomi's EV for the past six months.
Farley described Xiaomi as an "industry juggernaut."
Farley previously told a board member that China's auto industry was an "existential threat."
Ford CEO Jim Farley says he doesn't want to give up the Xiaomi Speed Ultra 7 he's been driving for the past half year.
"I don't like talking about the competition so much, but I drive the Xiaomi," Farley said while speaking to the British presenter Robert Llewellyn on "The Fully Charged Podcast." The podcast, which Llewellyn hosts, aired on Monday.
"We flew one from Shanghai to Chicago, and I've been driving it for six months now, and I don't want to give it up," Farley continued.
The SU7 is Xiaomi's maiden electric vehicle. The Chinese tech giant produces three versions of the car: SU7, SU7 Pro, and SU7 Max. Farley didn't specify which version he was driving.
"It's fantastic. They sell 10,000, 20,000 a month. They're sold out for six months," Farley said of Xiaomi's success with the SU7 earlier in the interview.
"You know, that is an industry juggernaut and a consumer brand that is much stronger than car companies," he added.
Representatives for Farley at Ford didn't respond to a request for comment from Business Insider sent outside regular business hours.
The popularity of the SU7 has come at a cost for Xiaomi. When Xiaomi reported its second-quarter earnings on August 21, its EV branch posted an adjusted loss of $252 million.
That means Xiaomi lost about $9,200 for each of the 27,307 SU7s it shipped that quarter. The SU7 is sold at a base price of 215,900 yuan, or about $30,000, and is available only in China.
A spokesperson for Xiaomi told BI's Matthew Loh in August that the company was looking to lower its production costs by increasing the scale of its EV arm.
"In addition, Xiaomi's first EV is a pure electric sedan, and its investment cost is relatively high, so it will take some time to digest this part of the cost," the spokesperson told Loh.
Related stories
An 'existential threat'
These aren't the first comments Farley or his fellow Ford executives have made about the scale or progress of China's EV industry.
After visiting China in May, Farley told a Ford board member that China's auto industry was an "existential threat," The Wall Street Journal reported in September.
In early 2023, Farley and his chief financial officer, John Lawler, were in China when they tested out an electric SUV made by the state-owned automaker Changan Automobile, the Journal reported.
The report said the pair was impressed by the quality of the Chinese-made EVs.
"Jim, this is nothing like before," Lawler told Farley, according to the Journal. "These guys are ahead of us."
Farley's comments have come as Chinese automakers continue to dominate the global EV market. Data compiled by the technology firm ABI Research for Business Insider shows Chinese automakers accounted for 88% of the EV market in Brazil and 70% in Thailand in the first quarter of this year.
Competing with rivals such as Xiaomi will be critical for Ford as it formulates its approach to the EV market.
Ford posted a big earnings miss in the second quarter of the year, sending the company's stock tumbling. The company's earnings per share came in at $0.47, below analyst estimates of $0.68. Its profitability for the quarter was weighed down by its EV segment, which saw a $1.14 billion loss amid slowing demand. Ford's third-quarter earnings are due on October 28.
In August, Lawler told reporters that Ford was changing its EV strategy and would replace its planned electric SUVs with hybrid models instead. The move is set to cost Ford nearly $2 billion.
Ford shares are down nearly 9% year to date.
Scustin Bieburr
Baby baybee baybee UUUGH
Great summary. That's basically it in a nutshell and if we are following the pattern of history, neither of them will do it unless they're forced to.We offshored manufacturing industry along with all supporting supply chains, then inflated debt and cost structures for all the basic necessities of a decent life: education, healthcare, medical drugs, housing, utilities. Because that is the best way of extracting wealth out of the real economy into the pockets of rent-seeking rich oligarchs, without anyone realizing what's happening, like a slowly boiled frog. With the added effect that Western workers are forever priced out of industrial competitiveness. Industry in the West is now a complete nonstarter and we will have perpetual trade deficits as all manufacturing is taken over by brics led by China, meaning currency devaluation and drops in living standard as we can afford less and less stuff. Longterm trend will continue toward a society with obscene wealth and abject poverty and nothing much in between. In a nutshell.
The only way out is private debt forgiveness and starting over the economy. But that would mean the wealthy would have to give up their wealth on the other side of the balance sheet. So which government will go against their paymasters? Harris or trump?
They'll be forced to as a result of a massive economic crisis that will make 2008 look like a brief slump. It will probably be a second depression and will result in double digit unemployment.
I'll add this too: modern monetary theory (MMT) is basically where keynesianism was in the early 20th century. A fringe idea that nobody would use.
The great depression made the ruling class desperate enough to try it. I won't be surprised if in the next 20 years there's a crash so bad that MMT is taken seriously as an option and it's successful.
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UPDATE: Go to Mexico and get you a YangWang
Are yangwangs welcome in Harlem?
Drive a car called a Wang brehs.
America tried to slow down the electric future and gave China a head start to the next era of driving
When I see statements like this I wonder if someone was saying the exact same thing about Japanese cars in the early 80sAmerica not gonna allow not 1 chinese car to be sold stateside no matter how much china or chinese pacs or agents lobby them... The american car companies are too entrenched here...
Americans eating slop and happy about it