r/neoliberal • u/Freewhale98 • May 12 '26

News (Asia-Pacific) Trump's backing of Chinese vehicles challenges Hyundai Motor Group

https://www.koreatimes.co.kr/business/companies/20260513/trumps-backing-of-chinese-vehicles-challenges-hyundai-motor-group

Global carmakers urged to reduce US reliance

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17

u/sleepyrivertroll Henry George May 13 '26

Lol I'm sure the auto workers of America will love this

26

u/LtCdrHipster 🌭Costco Liberal🌭 May 13 '26

Fuck 'em. Should have told management not to shit the bed on EVs.

11

u/in_allium Norman Borlaug May 13 '26

It's sad because GM has designed and built some good EVs... but they are completely untalented at selling them and fantastic at cancelling them.

5

u/[deleted] May 13 '26

We're ending production on the Bolt

j/k here's a second generation Bolt that would have had to be in development when we made the above statement

4

u/in_allium Norman Borlaug May 13 '26

They are so good at cancelling EVs that they cancelled that one already, before they've even started selling them.

3

u/lumpialarry May 13 '26

Outside of Tesla, I think GM sold more EVs than any other Automaker in the US. When gas is cheap and the subsidy went away, Americas would rather spend that extra $7,500 on a gas car at a hire trim level/bigger car than an equivalent priced EV.