"Grindintosecond" (Grindintosecond)
03/11/2016 at 12:07 • Filed to: None | 2 | 9 |
Proto: Great-Wall-Motor Company
Crappy badly built knockoffs, right? Hold on! An article from the WSJ, over two years ago, showd they are !!!error: Indecipherable SUB-paragraph formatting!!! and somehow not spinning into gravel traps or exploding into firey bits of fire.
Instead of investing in their own industry, China only had to create a market - then wait for investment money to come get in the industry bed. Either from foreign auto tech purhcases or foreign dulcolax-like bank invement, money coming in is making their offerings more soid. It could have been a result over their citizens importing massive volumes of foreign cars, even at a 260% import tax instead of buyinglocal fare, but to make their cars salable, money had to come in.
The article showed in the year 2000, Chinese car brands had over 800 problems per 100 cars. 8 each on average. So a few perfect models could easily be offset by a monday morning post-baijiu binge festival car with 50 problems right into the toilet parked in the newly paved driveway of the newly built new-neighborhood house. By 2005, through foreign technology purchase such as MG or Israel bank money infusions, that figure halved. By 2011 it halved again. By 2015, JD Power reported the domestic Chinese brands are down to 120 problems per 100. To put this in a frame of reference, the international brands are showing 98. Wei builds a decent car now eh?
HammerheadFistpunch
> Grindintosecond
03/11/2016 at 12:10 | 5 |
Chinese cars will be the new Korean cars which were the new Japanese cars not long ago. i.e. Chinese cars are coming and there is a good chance they will have to be CHEAP to sell because they will kinda suck...then one day they wont.
Biggus Dickus (RevsBro)
> HammerheadFistpunch
03/11/2016 at 12:18 | 0 |
When I was last in China, Imports were by far still the more popular option since in the big cities only the wealthy can afford cars.
dtg11 - is probably on an adventure with Clifford
> HammerheadFistpunch
03/11/2016 at 12:18 | 0 |
My dad and I have been saying this for a few years. Oh, and he has both Japanese and Korean cars in the garage.
HammerheadFistpunch
> Biggus Dickus (RevsBro)
03/11/2016 at 12:19 | 2 |
They will likely continue to be for some time, but I do think the CDM [yo] will eventually get to the point of meeting the bar for US market consumption and eventually some may even become real players.
crowmolly
> HammerheadFistpunch
03/11/2016 at 12:33 | 0 |
eventually some may even become real players.
I just wonder how they would handle recalls and such, like Takata, VW, Firestone, GM ignition, and so forth.
HammerheadFistpunch
> crowmolly
03/11/2016 at 12:34 | 0 |
not for canada - australian in disguise
> Grindintosecond
03/11/2016 at 12:44 | 1 |
I’d buy the shit out of a Qoros.
crowmolly
> HammerheadFistpunch
03/11/2016 at 13:57 | 0 |
Exactly. Makes me wonder about post-purchase care.
certified cool guy
> Grindintosecond
03/12/2016 at 10:49 | 0 |
At least their cars are Chrysler quality now.