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US to impose tariffs on Chinese EVs next week
(www.arenaev.com)
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this post was submitted on 10 May 2024
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The government will make sure they survive. They're to big to be allowed to fail.
Maybe. But they won't grow like their Chinese counterparts.
They aren't a small business. They're multi-national corporations.
Hard to function at the multi-national scale if you constantly need bailouts.
And there are plenty of Republicans who would love to see Detroit Go Bankrupt.
I think they want the UAW gone. But GM and Ford give them too much money for them to get rid of the companies.