Dunno, seems like a global problem. European car companies are scared too. And they don’t make those big cars.
The only issue I see is that china is very hostile with how it deals with other countries, otherwise this is just the trend of how things work out. In the 80s, it was the japanese car industry.
AA5B@lemmy.world 6 days ago
American car companies are focusing on their highest profit center, massive trucks. Milking that market for the short term.
…… regardless of their long term survival. It seems extremely short sighted.
Fedditor385@lemmy.world 6 days ago
American companies exist to maximize shareholder value. Remember that. There is no company, doing anything, for the better of the world or humanity. At least not as the primary motivation.