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Dan Gillmor /
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2024-03-16 00:17:43

Dan Gillmor on Nostr: The auto industry has almost completely abandoned the idea of selling affordable cars ...

The auto industry has almost completely abandoned the idea of selling affordable cars in the U.S. https://www.motor1.com/features/710453/cheap-cars-dead/

China is plainly planning to fill the gap, as Japan did some decades ago.

This will -- guaranteed -- lead to a furious response, but that won't include US carmakers actually competing. The response will be protectionism, because one thing history has shown us is that American companies facing foreign competition are terrified of actual competition.
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