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China Conquers Mexico’s Automotive Market, and the US Is Worried

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.

MediaBiasFactChecker Bot ,

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RangerJosie ,

Provides a better product at half the cost.

/Capitalists lose their minds.

ms_lane ,

I was going to say something about Chinese vehicles not entirely being the greatest quality, but then I remembered we’re comparing it to American vehicles.

Better product, half the cost. Can’t go wrong.

PP_BOY_ ,
@PP_BOY_@lemmy.world avatar

Said it a while ago, the US is losing at capitalism for the first time in modern history and doesn’t know how to cope

RangerJosie ,

It’s glorious to watch. Even from within. Even knowing I’m boned when this house of cards finally tumbles.

I’m sure there’s a German word for that.

DMBFFF OP ,
@DMBFFF@lemmy.world avatar

Even knowing I’m boned when this house of cards finally tumbles.

You probably have time to prepare. 🙂

Diplomjodler3 ,

Maybe Galgenhumor? Or Schadenfreude? But if both, I guess.

Deceptichum ,
@Deceptichum@quokk.au avatar

Oh it knows how to cope, it’s why it’s pushing the neo-feudalism.

They want a class of slave labor to use like China, not those pesky workers with rights like they have now. It’s a race to the bottom and China has the lead.

DMBFFF OP ,
@DMBFFF@lemmy.world avatar

Idk, Chinese workers might have it better than they did in decades passed.

wurzelgummidge ,

like China

Not been to China recently eh? Or ever.

They have free education and health care, affordable housing and government pensions. Things that taxes should be spent on instead of wars, destabilising governments you don’t like, and funding genocidal maniacs.

Deceptichum ,
@Deceptichum@quokk.au avatar

Last time I was in China was early 00’s. From everyone I’ve kept in contact with or met since, things have only gotten much worse for them.

SlopppyEngineer ,

instead of wars, destabilising governments you don’t like, and funding genocidal maniacs.

Instead they’re supporting Russia and Putin in the war, harass the Philippines at sea, infiltrate the government in Hong Kong and prepare to capture Taiwan.

claudiop ,

Didn’t they have some of the biggest house prices to income ratios? And wasn’t private tutoring out of control in there? And weren’t they fighting with almost every single neighbor they have?

arin ,

Yes we do, we ban their sales here in USA! And add tariffs!

SlopppyEngineer ,

China builds the cars in Mexico, that forms a tariff free zone with the USA. And USA can’t exactly just ban sales from Mexico because a lot of USA companies moved their operation to Mexico for cheaper labor.

sirico ,
@sirico@feddit.uk avatar

Chicken tax 2 no Changli for you

Beaver ,
@Beaver@lemmy.ca avatar

The west needs to take the hint and ditch the fossil fuels and legacy automaker excuses.

wurzelgummidge ,

fossil fuels and legacy automaker

Fossil fuel companies and legacy automakers donate more

SlopppyEngineer ,

I think of fossil fuel companies and legacy automakers as part of the Deep State

FlyingSquid ,
@FlyingSquid@lemmy.world avatar

China Conquers Mexico

…’s Automotive Market, and the US Is Worried

Give me a heart attack this morning, why don’t you?

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