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this post was submitted on 05 Mar 2024
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I think the new Chinese made Volvo is one of the more interesting cars coming out this year. It’s $35k… AFTER the 27.5% tariff on Chinese made cars. Meaning, Volvo is actually selling this for $27k. The car is super minimal inside, but manufacturing in China is clearly allowing them to reduce costs a shit load.
US auto manufacturing would be so screwed if these things could be sold without the tariff.
Edit: also worth noting, they’re going to be leasing these direct in many states. No dealer markup.
US Auto manufacturers have screwed themselves and the US public with their current production values.
Happened in the 1970s, and Honda and Toyota ran wild. Unfortunately US automakers are more important, it seems, than those that bought their cars.