- cross-posted to:
- world@lemmy.world
- automotive@discuss.tchncs.de
- cross-posted to:
- world@lemmy.world
- automotive@discuss.tchncs.de
China has positioned itself as the main car supplier in Mexico, with exports reaching $4.6 billion in 2023, according to data from Mexico’s Secretariat of Economy.
The Chinese automaker BYD surpassed Honda and Nissan to position itself as the seventh largest automaker in the world by number of units sold during the April to June quarter. This growth was driven by increased demand for its affordable electric vehicles, according to data from automakers and research firm MarkLines.
The company’s new vehicle sales rose 40 percent year over year to 980,000 units in the quarter—the same quarter wherein most major automakers, including Toyota and Volkswagen, experienced a decline in sales. Much of BYD’s growth is attributed to its overseas sales, which nearly tripled in the past year to 105,000 units. Now BYD is considering locating its new auto plant in three Mexican states: Durango, Jalisco, and Nuevo Leon.
Foreign investment would be an economic boost for Mexico. The company has claimed that a plant there would create about 10,000 jobs. A Tesla competitor, BYD markets its Dolphin Mini model in Mexico for about 398,800 pesos—about $21,300 dollars—a little more than half the price of the cheapest Tesla model.
…
That tariff-free access is part of the US-Mexico-Canada Agreement (T-MEC), an updated version of the North American Free Trade Agreement that, as of 2018, eliminated tariffs on many products traded between the North American countries. Under the treaty, if a foreign automotive company that manufactures vehicles in Canada or Mexico can demonstrate that the materials used are locally sourced, its products can be exported to the United States virtually duty-free.
MAGA strikes again
I don’t have an issue myself but I think. the average american wants to buy from one of the american brands, even the one thats not american anymore.
I don’t think Americans trust dirt cheap foreign goods just yet. Harder to find the right person to yell at you know, or whatever.
The Mazda 3s in the 2010s were cheap and were competitive with the focus sales wise. Kia has sold tons of vehicles and they are piles of cheap garbage yet Americans keep buying their larger vehicles.
So do we have demand for cheap cars or not then? I thought you were arguing the demand wasnt there.
Besides you confirmed by opinion that its common to not trust “piles of cheap garbage”.
In my opinion the ford focus was just as much a pile of cheap garbage as the rest but people think Ford is more reliable or at least wouldnt try to kill its own citizens.
The demand isn’t there for small cheap vehicles, my point was Americans have no problems buying cheap “foreign” cars.
My opnion of does not reflect the opnion of the American population, kias and Hyundai sell well here.
Our opinions on vehicles are not the issue. Americans don’t want cheap domestic small cars which is why they don’t sell well here. Americans don’t want cheap small foreign cars not because they don’t trust cheap foreign vehicles but because they don’t want cheap small cars.