Chinese-Made Cars Arrive in U.S. Showrooms

car_factory.jpg

A PEEK under the hood of three new cars from Volvo, Buick and Cadillac will not reveal a Made in China label. But those cars are breaking new ground in the auto industry, becoming the first to be manufactured in the People’s Republic and exported to the United States.

[Lawrence Ulrich| January, 28 2016 | The New York Times]

Sweden’s Volvo, now owned by Geely Auto of China, has shipped more than 1,000 copies of its S60 Inscription.

Buick, desperate to fill the most glaring hole in its lineup, the compact crossover, will import the Envision.

And this month, Cadillac announced that it would export a plug-in hybrid version of its new CT6 flagship sedan from China, supplementing production of the standard version from its Detroit-Hamtramck plant.

The arrival of Chinese-made cars has surprised some people in the United States, particularly United Auto Workers leaders who objected to General Motors’ decision to begin selling the Buick Envision starting this July.

But it is the culmination of a long-promised, never-fulfilled vision, and their introduction stands in stark contrast to 2007, when Chinese automakers stormed auto shows in America, making bold promises that they would soon open showrooms here.

 Read more at the New York Times.

Reactions

Please check your e-mail for a link to activate your account.
  • commented 2016-02-01 09:41:32 -0500
    In response to Mr Bishop’s comment that he thinks hardly anyone is reading this blog lately, I have to admit that I used to read this blog more often than I do now, and I used to comment once in a while but that has dropped off a lot for me. The reason is I’m busier at work, not because I lost interest in what is being said. I hope people keep commenting, and that people keep reading the comments. I will follow the comments more often now, thanks to your comment of concern.
  • commented 2016-01-31 10:49:10 -0500
    Hi Mr. Bishop so glad to see you again as I learned greatly from many of your intelligent comments as others should…Because of the political expediency of trying to do a good trade deal for Americans during an election year I do not believe that we will get a good trade deal that will benefit Americans until after the election. The current TPP must be revised to include currency manipulation, intellectual property, environmental and human rights provisions…It is also using the wrong economic formulas that have many built in false economic functions especially on employment data. I think they are using the BEA’s “now casting” formula for future GDP and CPI and employment data projections but we should really be using the MIT formula forecasting to get a more true and accurate future projection of TPP’s effects on our economy, jobs, trade balances…
  • commented 2016-01-31 09:18:01 -0500
    This was once fairly robust blog, with easy access for comments. Then, for some reason, all that changed. It’s like pulling teeth now to post a comment. Most of the former regulars have disappeared. I’m glad to see Mr. Ryan is still around. I have the feeling that almost no one is reading this blog any more. I used to check it daily, but now only do so when I get an email from CPA.
  • commented 2016-01-31 09:13:31 -0500
    In 2003, Warren Buffett recommended that our government impose “balanced trade” on China. The 2006 “Balanced Trade Act” never got out of committee. You can Google “balanced trade” for the whole story. Last year, three economists by the name of Richman, published a book entitled “Balanced Trade.” They offer an alternative to Buffett’s “import certificates,” in the form of “scaled tariffs.” The Richmans have an excellent blog called www.idealtaxes.com

    The upshot of “balanced trade” is that we should import no more from China than China imports from us. Currently, we buy almost all manufactured goods from China while China buys our recycled cardboard, hence the $500 billion trade deficit.

    China is a criminal enterprise that has stolen millions of our high-paying manufacturing jobs, along with our technology and our intellectual property which they bootleg freely. Read “Death by China,” by Peter Navarro and Greg Autry. We should not be doing business with China at all, much less allowing them to destroy our middle class.
  • commented 2016-01-30 11:15:12 -0500
    Until the huge trade imbalance of $500B/yr. comes down we should be placing the variable rate tariff-VAT tax on all imported Chinese goods that come into this country. Especially autos, steel and other commodity goods that they dump below cost to rob-steal the whole industry. Where is my USTR brain at while negotiating the TPP? Please use the MIT economic formula that removes many false assumptions.