this post was submitted on 10 May 2024
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No, they don't want the profits getting funneled off to China.
Thats great for GM and Ford shareholders. It just means Americans can’t afford cars.
Sure. And - ya know - not funneling money into a totalitarian regime.
It's not so much about where it goes, more so the fact that it doesn't stay in America. This is about saving the American auto industry. Whether it's for the jobs that would be lost or the profits of the shareholders.
The military will just order a million new pickup trucks as light utility vehicles.
And the Answer to jobs isn't more punishment.
That's a bingo.
The idea that "they" don't want the American public driving EVs is ridiculous.
You misunderstand. This is protectionism plain and simple. US car companies are horribly inefficient. Better yet, the US car cartel eliminated most of their budget models to push trucks and SUVs that are more expensive. It doesn’t take much to undercut them, so the US government is banning the competition.