Well, pretty big bets are being placed on the future of the automobile in the United States. Today our government has pushed for very high CAFÉ standards meaning cars must get significant miles per gallon, in fact it will be mandatory for them to get 54.5 miles per gallon within the next two decades. This means that the cars will be made of lighter material, or much smaller, and that indeed opens the door for low-budget cars with very small engines that are made in China and imported here, and don’t think they can keep it. out with some kind of protectionist act via it union lobbyists in Washington DC.
Why do I say you ask? It’s simple, General Motors sells tons of cars in China, and if we shut down our markets, they’re going to keep China out of the picture, not to mention a lot of the components that used to be made here are the United States made in China, and they are used in our cars that are made here. Well, as the Chinese car dealers come here, one might ask; how well will these Chinese-made cars sell in the United States? Well, they should sell pretty well – remember the Honda Car? They sold like hot cakes and they racked up incredible miles.
Also note that Warren Buffett has invested in BYD Motors, a Chinese automaker, and Warren Buffett does nothing for his health when it comes to his money. You can bet those cars will sell here, and they should sell pretty well if China can maintain its reputation for selling quality cars. But what if these Chinese-made cars already have a bad reputation before they even got here? That is very possible. Further, China doesn’t necessarily hit a 1000 when it comes to safe products.
Think about the lead-based paint in toys, the toxic pet food, the chemical-laden drywall, or the protein problems in animal feed there when they send those canned products to our market. Still, things are getting worse, and if you think that the Chinese cars will get here without any problems or safety issues or health risks, you are wrong. Let me give you an example.
There was an interesting article in the August 16, 2012 Wall Street Journal titled “Asbestos in Chinese Cars Australia Recalls 23,000 Vehicles, Straining an Industry Eager to Export,” by Gavin Lower. This is quite problematic as more and more Americans are keeping their cars longer, car interiors get quite hot and those materials fall apart over time. In other words, it’s not very funny, it could kill a large number of Americans, and it could cost a pretty penny for all the cancer treatments that are trying to save these individuals, which is problematic since the government pays for anyone who takes it can’t afford. health insurance.
That’s why I’m quite concerned. I’m not anti-competitive, and I believe American automakers need competition, and I’m angry about crony capitalism and the rescue of Detroit. Nevertheless, if we are faced with over-regulation here, which I am not in favor of, then we better make sure that we do not allow imported cars that pose health risks. That is just unacceptable.
In the past, some of the cars in Detroit were somewhat defective and contained a lot of planned obsolescence, but they never put anything in the cars that would kill you on purpose, and China should know better than this. There’s no excuse for it. Indeed, I hope you will consider and think about all of this.