While the US and EU are putting up barriers to Chinese cars, Australians are buying them at record levels
While the US and EU are putting up barriers to Chinese cars, Australians are buying them at record levels
The rapid rise of Chinese electric vehicles has been met with resistance in the US and Europe. So why are Australians buying them at record levels?
You're viewing a single thread.
Tell me you have no domestic automotive manufacturing without telling me you have almost no automotive manufacturing.
Why do you think that is exactly? Canada had a thriving automotive industry before the US chicken tax and tariffs killed it off.
Canada has automotive manufacturing. Charger and Challenger in Bramalea, Honda in Alliston, GM in Oshawa, Ford engines in Windsor, Stellantis vans and I believe EVs soon in Windsor, Brightdrop EV cargo vans for GM in Ingersoll, Toyota and Lexus in Cambridge and Woodstock… and I fail to see what that has to do with anything .
Now what manufacturing does Australia have? None. So they have no reason to erect tariffs. Thus it's an entirely free market, where Chinese EVs can prosper, exactly what is not happening in the US.
Canada might have manufacturing, but it doesn't have its own brands anymore because of the aforementioned reasons. Meaning the bulk of the profits are still sent out if the country.
Brands mean squat. If you have no manufacturing, you have zero reason to implement tariffs.
Brands mean headquarters means profits returning to that country. But it's all moot because Canada owned the brands AND was manufacturing.
Australia has some brands like Holden but they are just subsidiaries of US companies.