this post was submitted on 10 May 2024
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US to impose tariffs on Chinese EVs next week (www.arenaev.com)
submitted 7 months ago by boem to c/technology
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[–] Maggoty 1 points 7 months ago (1 children)

The government will make sure they survive. They're to big to be allowed to fail.

[–] UnderpantsWeevil 0 points 7 months ago (1 children)

Maybe. But they won't grow like their Chinese counterparts.

[–] Maggoty 1 points 7 months ago (1 children)

They aren't a small business. They're multi-national corporations.

[–] UnderpantsWeevil 0 points 7 months ago (1 children)

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.

[–] Maggoty 2 points 7 months ago

I think they want the UAW gone. But GM and Ford give them too much money for them to get rid of the companies.