And, a recent tour of one of the Asian powerhouse’s vehicle plants has proved this beyond a shadow of a doubt, at least to Honda President and CEO Toshihiro Mibe.
“We have no chance against this,” Mibe said upon a visit to a Shanghai parts factory, commenting on its seamless automation across all levels of production. Logistics, procurement and all aspects of the process were so automated, in fact, that he did not spot a single human worker on the supplier’s floor.
Ford executives saying even three years ago that China was way ahead of the game
Toyota’s CEO has likewise said regarding not just his company, but the industry in general, “unless things change, we will not survive”
they already are, it’s why you see no Chinese evs in the USA, American car companies cant compete, so you get expensive cars as the tax on that
and that would be ok if the US car companies were frantically retooling before the tariffs ceased in a couple years but they aren’t, they’re just stalling and the C suite is kicking the can down the road until its someone else’s problem. They’re well as are through.
arnt they tariffed to hell during bidens term, they dint want china competing with thier evs, now people arnt buying it because its expensive.