Chinese companies steadily penetrating US auto industry

Article by Anita Panait, on May 14, 2013

More and more companies from China are investing in the auto industry in the United States. Chinese-owned companies are making investments American businesses as well as new vehicle technology. They are now producing and selling almost everything related to the auto industry, like seat belts and batteries.

They are likewise hiring experienced engineers and designers to beef the talent and expertise of their own workforce. With these Chinese businesses getting more rampant in the US, it would come as a surprise if someday Chinese cars are sold in the country. David E. Cole, a founder of the Center for Automotive Research, noted that Chinese are behind the Japanese when they started doing business in the US around 30 years ago.  He added while Chinese lack the know-how, they are coming to the US to get it.

Chinese companies appear to be avoiding a public opposition similar to what greeted Japanese carmakers Toyota and Honda in the 1980s. At the time, abrupt arrival of foreign cars that rivals those from General Motors, Ford and Chrysler was perceived as a threat to American jobs.

Chinese carmakers seemed to be avoiding the attention of the public. For instance, Shanghai Automotive Industries, which is the largest carmaker in China, opened offices in suburban Detroit in 2012. However, they failed not to be noticed by Washington. In 2012, the Obama administration filed a complaint with the World Trade Organization that the Chinese government was unfairly subsidizing production of some parts exported to the US. China’s investments into US-made batteries and electric vehicles have drawn scrutiny since this sector has been heavily subsidized by the US government.

Topics: china, united states

If you liked the article, share on:

Comments

Recommended

We first heard of the fifth generation SEAT Ibiza earlier this year, and last week, the company finally revealed the all-new Ibiza at the international launch in Barcelona. The new...
by - May 22, 2017
The aftermath of the Takata airbag recall still largely resounds in the automotive industry, as big automotive companies like BMW, Mazda, Subaru and Toyota were extensively hit with what is...
by - May 22, 2017
Amid reports that major rival Volkswagen would cease producing 2016 and 2017 model year diesel cars following the wake of the "Dieselgate" scandal, it’s believed that Chevrolet sees its opportunity...
by - May 22, 2017
Honda recently whips out a new feature for the S660 Bruno Leather Edition. Any guesses? Well, it’s going to be an iPhone app that goes by the name Rev Beat....
by - May 22, 2017
And so it goes, Ford is not at all closing its doors to an all-electric F-150 pickup. The American manufacturer initially laid out its plans for an F-150 hybrid earlier...
by - May 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries