GE plant to Canada, cites lack of EX/IM support
On Fri, 2 Oct 2015 10:58:44 -0700 (PDT), "
wrote:
On Friday, October 2, 2015 at 1:52:22 PM UTC-4, Ed Huntress wrote:
They have a huge amount of automotive manufacturing knowledge now. But
they still can't crack the major markets. When they do, don't expect
the US to be flooded with Chinese cars for a long time, if ever. I'd
bet on never.
--
Ed Huntress
Pretty much the same as the way the Koreans have not been able to sell cars in the U.S.
Dan
No, not at all. Totally different approach. Hyundai and Kia started
out as 100% Mitsubishi. Their first exports were last-year's Mits. The
Chinese are trying to synthesize their own.
And Hyundai Sonatas sold here are now 41% made in the US. Their Azeras
are 70% made in the US. They're following the Japanese market model,
planning from the start to go head-to-head in the US market, which is
very different from what the Chinese are doing. The Chinese are after
the big growth markets in Asia.
--
Ed Huntress
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