By Market Segment
Automotive Subsidies, Bailouts and Sweetheart Deals From the Government – Not Just in the US Anymore Will the US hold on to the auto trade? What happens as the Euro Zone collapses and we can’t promote automobiles there and China ramps up production for its growing center class shoppers domestically? Okay so, let’s discuss all this, and what I see on the horizon presently. The Wall Street Journal posted an article of their on-line news on May 30, 2012 titled; “BYD Defends Electric Car; China Plans Broad Subsidy,” by Joanne Chou.
These newly engineered state-of-the-art automobiles shall be sold around the world for export, yes, in the EU, Australia, and United States. Imagine Smart Car sized Chinese made hybrids working around town, with you in it, brand new from China, with a low-interest loan and easy payments.
Indeed, they may spread the dangerous news far and wide …