The Truth About Cars

APRIL 18, 2024

Chinese automakers are expanding into Mexico, with companies like BYD opening dealerships across the country. Automotive News reported that the country would not offer tax incentives or land discounts to Chinese automakers. They also want to take action to protect American EVs from cheap or subsidized Chinese models.

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Mexico Chinese BYD North America 97

The Truth About Cars

MARCH 19, 2024

However, the threat of China flooding the market with cheap electric models is too frightening to ignore. Chinese vehicles already have a steep import tariff, and lawmakers have floated a popular plan to bump it to 125 percent. Mexico-Canada free trade agreement. Image: Ford] Become a& TTAC insider.

Affordable 89

Affordable Ford Mexico Cheap 89

The Truth About Cars

FEBRUARY 28, 2024

This week, Senator Josh Hawley (R-MO) is introducing legislation to increase tariffs on imported Chinese vehicles this week with the stated goal of dealing with the “existential threat posed by China.” percent to 100 percent, including vehicles owned by Chinese-based automakers that are assembled in places like Mexico.

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Chinese Vehicles Mexico United States 116