President Trump's visit to China highlights a key tension for American decision makers: how to manage China’s growing prowess in sectors like the auto industry.
Well, we’ve artificially inflated the price of steel, electronics and consumable resources like fuel and electricity required to build cars in the US. I can’t imagine that we would even be competitive building anything right now.
Well, we’ve artificially inflated the price of steel, electronics and consumable resources like fuel and electricity required to build cars in the US. I can’t imagine that we would even be competitive building anything right now.
Don’t forget years of short sighted manufacturing enabled by the insane dealership system.
And, I guess enough research and development to realize that you’re a decade or so behind the competition.