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The problem is the companies in China are backed by government funding that allows them to operate at a loss. To be clear, no governments should be spending public funds on propping up automotive companies. It’s a move to try and manipulate the market.
So are the Big Three, every time they fail to see what's in front of their noses and get into trouble.
And they are setup for another fail right now, nothing but suvs on their lots and realistically gas has nowhere to go but up again.
Should've let them fall last time instead of the big bailouts.
Not true. They also have trucks
Who are the Big Three to you? Dodge/Chrysler/Jeep is owned by a Scandanavian company.
If that were actually the case wouldn't we want them sold here at a loss so we could drain resources from the Chinese government.