Comment US automakers can't compete, and they know it. (Score 0) 504
We use to be a country that at least pretended to like free markets. We sure liked them plenty fine when China was buying our stuff. But when it becomes "adapt or die" suddenly industry goes running for Daddy Government.
FTA:
"Right now, Chinese automakers are dumping subsidized vehicles with connected software and hardware around the world," Bozzella wrote, adding that China "is capturing market share" in Europe, Australia, Southeast Asia, Mexico and South America.
Oh no, "connected software and hardware"! You don't say? GM and Ford and BMW and Mercedes and Infiniti and Honda and Toyota and Kia and Hyndai and Genesis would *never* do such a thing!