Skip to comments.China's BYD pledges to sell cars in America
Posted on 01/09/2014 4:22:31 PM PST by nascarnation
Chinese automakers have been making noise about entering the North American market for years, stretching back a decade or more. A combination of factors from the disjointed nature of the Chinese auto industry to lingering quality issues have kept that from happening, but the day when Chinese cars roam the Great American Road may finally be upon us.
Following aborted efforts by such automakers as Geely and Great Wall, it's BYD that appears to be leading the charge this time. The company backed by investor Warren Buffett's Berkshire Hathaway conglomerate is now targeting 2015 just a year away from now to start selling cars in the United States. It wouldn't be the first time BYD has talked about entering the US market, though. It previously targeted an American launch in 2010, only to end up missing that target. Following a three-year restructuring plan led by its billionaire chairman Wang Chuanfu, however, BYD is looking to be in better shape.
The company already has a presence in North America, selling electric buses, and is preparing to begin manufacturing them in California within the next few months. Whether it can use that foothold to springboard into cars we can buy and drive by next year (like the above-pictured E6 it displayed at the 2009 Detroit Auto Show), however, remains to be seen.
Buffett! note that he can finance the purchasers with his Wells Fargo Bank and he can deliver the cars to them by his Burlington Northern Santa Fe Railway
he can even give them a box of chocolate in their new cars, from his Sees Candies
he’s all set up to market the Peoples’ Republic “Slave Factory” automobiles to America!
Do you think he really cares very much about unions?
Well Warren and the UAW are both Obama partisans.
I’m going to enjoy the confluence...
is BYD one of the companies making knock-offs of foreign cars?
Is this the company who imported Chinese labor to California and paid them $1.50 an hour?
that is an interesting observation...
(by the time the cars really start coming in, in volume, though, Obama should be out of office ... assuming he actually leaves of course!? )
still, yes, the UAW will complain for sure...
(since cars have been priced so terribly high in recent years, the Chinese have a tremendous market opening here...)
The first thing I notice is the crappy hood alignment.
I remember seeing that, some company even tried to copy the Hummer
Can’t wait to see these on Top Gear
Right. Probably made of tinfoil with a 50hp engine under there
Don’t under-rate them.
They are making progress in quality and design at a rate far faster than the 60s era Japanese and the 80s era Koreans. And we know what kind of players those folks are today.
Largely due to the widespread low cost technology available and a large corps of technical personnel educated at good US schools.
I suppose our scrap yards can handle the extra inventory.
I have seen very little come out of China that left me with the impression that they were improving their quality and design. Quiote the contrary, it feels like they are purposely producing inferior quality and poorly engineered garbage. They are light years away from japanese engineering quality.
Most of the vehicles produced in the US already contain 70-80% chinese sourced components and materials, so why not take it to its ultimate conclusion?
That’s what all of the GOP free trader Buffett worshippers want, right? Free trade at all costs? If you want the US to go down that road, then don’t even think about whining about unemployment, welfare, unions, regulations, high taxes, and loss of productivity, because it was a disaster of your own making.
The systematic looting of the US economy comes with a high price. Enjoy those NYSE fake bubble dollars while they last, and don’t complain when the whole thing comes crashing down on you.
Will I want to buy another one in a hour?
Good one. Maybe not an hour but definitely next year, if you live.
Posted many times before.
Look at the daily drivers of young people who work on cars.
They drive Toyota and Honda.
They have them because those brands are inexpensive, reliable and easy to work on.
Sorry folks, the vast majority of “American” cars are crap.
Poorly designed, badly engineered and sloppily assembled.
Go ahead and flame. I’ll never buy another American car.
I’ll buy the best machine for my money.
When I was a kid, “Made in Japan” was a joke, cheap junk.
Now we disparage “Made in China”.
Japan adopted Edrards Deming’s ways whole-hog.
Wait until China does the same.
Why do you think (Soros’ old buddy) Jim Cramer moved to Singapore a few years back. Kids learning to speak Chinese like natives.
For any Entrepreneur, historical Right-Time Right places: Paris 1701, London 1801, New York 1901, Beijing 2001.
I was told by an importer that Mercedes sources parts from China. Unlike many others they don’t give the Chinese a free hand on quality.
Coming to a Walmart near you.
You forgot one. They can park the cheap throw away rice burner car in fornt of their mobile home sold by his Clayton Mobile Homes.
Ironically, some of these cars will have probably been in those scrap yards before, during their former lives as Malibus, Granadas, Omnis, etc.
I wouldn’t be caught dead in a car made in China. A car magazine in the UK tested the crash result of a Chinese auto and failed it. They said the Tabant was a better car.
Warren could give free auto insurance for them from GEICO.
This is a place where Uncle Sam’s bureaucracy actually does some good. No Chinese car would get sold here without having to meet minimum crashworthiness standards that are required for Ford and Toyota and Kia etc. Quality might still be a problem (oh, my transmission just fell out and that’s it lying on the ground) but not this. Rotsa ruck to any Chinese firm wanting to do this.
Yes! Each car could come with a little green talking lizard Inside!
I think you’re confusing Jim Cramer with Jim Rogers.
Cramer is still in NYC and on CNBC pretty much daily.
I’ve seen and drove Chinese cars visiting places allowing it in their markets. Brand name cars built in China are on par with American ones, as for domestic cars their quality improves really fast. Average one is on par with 1995 Huyndais today. Just a decade ago they were inferior to Lada and Yugo. Two decades ago they were worse than Ford T.
Give them another decade to outclass the Japanese.
I don’t think commie Chinese slaves will ever outengineer the notoriously perfection oriented Japanese. They can make things cheaper but, with rare exception, they can not make them better. That’s an opinion and time will tell but I think it’s very unlikely that I will ever buy a car stamped “Made in China” after the experiences I have had with everything else that wears that stamp. US landfills are overflowing with Chinese engineering.
Japanese products were crappy at the time, too.
As for Chinese they are pretty much capable to make some nice things. Right now they are making crap because it allows to cut costs and still accepted by the market. This strategy clearly pays off since China surpassed US in trade last year.
Japan was feudal until late 1940s. And China is communist in name only right now. As for a Chinese slave labor they have blue collar wages in industry at $600-900 monthly, three times as much as a police officer in Mexico, or twice as much as laborers is some of East European nations, “aided” and “advised” by IMF since the Soviet collapse, who are doing worse right now than they were under real communism.
Safest car 2013: Euro NCAP crowns Qoros 3 (Chicom-built)
safest does not equal most reliable/best engineered/most well made, etc. And for that matter, I’m hesitant to believe such a review. But by all means, go buy one if you’re convinced it’s so great. There’s not a chance in hell that I would spend my hard earned money on such a thing however given the experiences I have had with, basically, everything else that I have ever owned that was stamped made in China. Not a chance in hell.
and China is still very much a communist state btw.
>>>and China is still very much a communist state btw.<<<
No unions, no welfare, no socialized healthcare etc... Surely communist, right behind US and several other western nations:))
they are the final product of Marxism- a 2 class state consisting of the politically connected and empowered class and everybody else. If a plebeian steps out of line and speaks out against the politically empowered class or against their policies he or she will quickly find out what kind of a slave they really are. It sounds like you need to move there and become a citizen actually- since they’re so awesome and everything.
>>>they are the final product of Marxism- a 2 class state consisting of the politically connected and empowered class and everybody else. If a plebeian steps out of line and speaks out against the politically empowered class or against their policies he or she will quickly find out what kind of a slave they really are. It sounds like you need to move there and become a citizen actually- since theyre so awesome and everything.<<<
Where have I praised their system? But to call everything you don’t like a marxism is not smart either.
In America, we have a representative republican form of Democracy-that is, a form of representative democracy that is supposed to be strictly limited by a set of written laws encoded, first and foremost, in our constitution (as opposed to a monarchy). As an economic system, we have a collection of capitalism, cronyism, socialism, communism, and, ultimately, a new brand of fascism which is seeking to undermine our traditional republican form of governance by blurring the separation of powers, disregarding the constitution to the extent possible, and eliminating the traditional safeguards of our liberty which are guaranteed by our bill of rights. this new fascism is just another oligarchy and, as such, is easily confused with true communsim because, as I previosuly stated, most any government that is other than a representive republic is a form of oligarchy be it monarchy, fascism, naziism, communism, plutocracy, or whatever. It's all about the power in the end.
This undermining of our republican form of government is all done for various supposedly well intended reasons like public safety, national defense, common sense, protecting the children, etc but the end result, should we allow it to persist unchecked, will be the same regardless of intentions, a consolidation of power in the hands of a few. Call it whatever you want.
The forms of our representative democracy may persist for a time but they will be but fading shadows of what they once were.
So yes, I consider the Chinese Marxist communists because, despite their constitution, power still resides in the hands of the few. China is an Oligarchy. That is not to say that America, despite its constitution, doesn't have aspects of an oligarchy mixed into its political/economic system as well. It surely does, however, our forefathers, via the constitution, created a system that was able to prevent plutocracy-the tyranny of wealth (or any other tyranny for that matter) from "taking over" hence, the need to undermine the costitution.
whatever rises up from the ahses of our constitutional republic, one thing is for sure, it will be better for you if you are with them than against them.
I should just delete these ramblings but I won't.