Click here to get a free charger and installation when pre-ordering the G6 xpeng.com.au/?qr=726XPO The best solar company in Australia just installed my new solar system. Check them out here: www.resinc.com.au/electricviking
I think Jaguar and Land Rover/Range Rover has been owned by a Chinese corporation for more than several years now. That's what I have been reading about in many different publications.
The auto industry could very well be the canary in the coal mine. However, where I agree with you, there always seems to be an unforeseen hypercyclic demand driver that props it all up? We'll see.
have you seen MERCEDES sales lately? It was shocking to see nearly NEW mercedes at 50% off. I just can't believe people throwing away cars like this. BUT I held back from buying as the Battery Fire in South Korea was the reason for such prices.
The Chinese own almost all automaker at this rate! Volvo, MG, Link&Co, Porsche, Lotus, VW, BMW, GAC Fiat Chrysler, Honda, Ford, Nissan, Mercedes, KIA, Mazda, Vivian, Lucid Motor, Chery, Dongfeng Peugeot-Citroën, Dongfeng Renault, Jaguar Land Rover, FAW Toyota, Stellantis, Polestar, Tesla, Audi, Mitsubishi Motors...... Much more but I cant think of anymore lol
Plenty of car manufacturing facilities available here in the UK, we are used to working for foreign owners, so long as we get paid cars will be produced
fair enough, why would ANY country turn away investors? Free trade and globalization is THE WAY OF THE FUTURE. Isolation will destroy the economy, just like India and Soviet Union. China nearly died from Isolation. Don't forget that.
@@naga2015kkIndia had to be isolated in the past. With US openly supporting Pakistan in wars ( even sending the Pacific Fleet, to be thwarted by Soviet submarines) What would have happened to India if it was not isolated when the West imposed sanctions after our nuclear bomb testing!!?
Right!! And all this time making huge profits they could have started making EV’s better at the same time as the Chinese companies but decided to make stupid headlines instead!!
I wouldn't consider ths to be a trojan horse. On the contrary, when a Chinese automater takes over an already "failed car factory" they are bringing jobs and prosperity to the people of that area. his is not only simply based on manufacturing, the sales and service industries benefit as well. If a company is no longer able to produce a good product at a reasonable price, they deserve to go out of business and make way for others who can.
Yes the new leaders will replace those legacy makers and create even more jobs for the locals where these new innovative factories will take the next leap of progress. It's business man
We should remember that ALL companies (not just auto companies) have a determined lifecycle. Under our capitalistic system they need to show consistent growth or they are either taken over by a more dominant rival or they wither away and become bankrupt.It is the natural Darwin model we live by and we should not be surprised by this as there are still far too many car manufacturers supplying the world markets especially now with the rise of the Chinese companies.
Tesla took over a factory in California that was a GM/Toyota joint venture that was terminated. It made the setting up of a new car company possible. (Firesale price)
The California plant take-over was quite a few years ago (at least a decade ago, maybe even longer), not recently like Sam mentions with these Chinese plants in Europe.
@@TAYABIFTIKHAR-w3w Tesla move its headquarters to Texas, not the car assembly plant in California. As far as I know the Tesla plant in China produces Tesla cars for the China market, and a small proportion are shipped out to other countries in the Asia and Australia.
@@TAYABIFTIKHAR-w3wthe 3 largest car markets in the world are China, Europe and US. So Tesla has a factory in China, one in Europe and 2 in the US. Your point?
Now that Stellansis have announced the closure of the Vauxhall electric van plant in Luton uk this provides an opening for the Chinese commercial vehicle manufactures to move into the UK with a ready and waiting highly skilled workforce of 1200 available. Understandably they would not care what nationality their new employers were providing they paid well.
@@zdj-h9m Ask the 1200 workforce - Vauxhall have been under foreign ownership for many - many years. It’s perhaps worth mentioning that the iconic brand Triumph motorcycles was set up by a German
@@zdj-h9mso what type of “influence” would that be and I assume you mean negative influences? All businesses have some sort of influences with government.
When Ford left Brazil, it destroyed 900 cars that were in the factories. Today, the cars from the brand are greatly depreciated due to a lack of quality original parts. I sold my Ford when the insurance tripled from one year to the next in 2022. BYD will start producing 2025 models in Brazil from this month.
@garrettyamada9821 blame Obama..Sadly he was the worst US president ever. US may gave to suffer his jihad with China and radicals for self gain. Dig deep amd you may find him to be the worst ever leader.
You need to learn from those who are successful. Japan automaker need to shallow their pride. Yes you may try to quantum leap but then it will be costly. The smart move is to learn directly from the Chinese with clear objectives for a win win cooperation with clear transfer of technology and processes. The Japanese automaker just need to know what the Chinese copy from them and improved on it and how are they going to do the same legally.
Nissan own the UK’s largest car factory, and after yesterdays Stellantis announcement re Luton it’s not looking promising. How sad that Nissan binned a decade lead in EV’s (the Leaf (not contracted manufacturing btw). Carlos Ghosan was right, and look what happened to him.
Tesla does the same thing with their models in Europe. In Tilburg, the Netherlands, there is a huge assembly site. In Europe (EU) the alarm bells are ringing loudly. Nissan is in trouble for years and won’t survive, but in fact all legacy car makers are in trouble. Also it’s not just the car industry, but various industries suffer similar problems.
Bissan has a large dealer unfractured in The U.S. it makes sense to use that network aka Chinese companies merge / partnerships buyouts for those plants dealers and infrastructure.
Capitalist systems, in general, make profits in an environment where the demand already exists. Ex. VHS in the 70's. China, with it's hybrid system, is putting capital into a business model that is growing (demand). One of the problems is the lagacy industry expects special treatments so it can weather the down turn that it helped create, but things are different now a days.
Chery are working closely with Thatcham Research in the UK to improve repairability and get insurance costs down - car makers don't usually care too much and Thatcham are a big deal in the auto safety&repair world. Showing the Chinese and in this case Chery in particular are serious about embedding themselves around the world. They're doing what Ford and GM did over a century ago to make themselves the auto industry cornerstones.
That’s right Sam. However unfortunately the first cars to be produced will be ice. Then hydrid and finally ev. Not sure of the timing. Ebro is a brand, owned by Nissan and sold with the factory to Chery
What a pity someone didn't think of doing the same with empty factories in Australia. We have plants previously owned by Toyota, Ford and Holden (GM) that are available and we did have a skilled workforce when the factories closed around 2017. Think of the jobs that could have been created, the cars that could have rolled off the assembly line as local product. Unfortunately none of that happened and the factories gather dust.
We never had the scale of production in Australia with our small population. There are growing industries now modifying imported cars for use in Australia. Walkinshaw is one, they've gone from 300 to 1500 employees in a few years.
@@rais1953 You may be right. I've seen some videos of companies that import EVs from Japan (Leafs mainly but not exclusively) and put new batteries in them. IF you consider that over time in Australia we had factories that made Ford, Holden, Nissan/Datsun, Chrysler and Mitsubishi and now all those factories are closed and the skilled workers lost. GM would not allow Holden to export, Toyota exported as did Ford and Mitsubishi at one time there might have been a market in countries nearby. We'll never know. The opportunity is lost and we'll be swamped by Chinese makers before long - the sheer volume and the price will be the determining factors.
When chinese coy invest in europe, u called it a trojian horse. When european coy invest in china, u claimed they are selling european tech. Come on, stop the double standards.
The interesting thing is that if you talk to German manufacturers’ employees, they are actually convinced the whole market will collapse *around* them, because they are too good to fail. When Tony Seba predicted this collapse would be Kodak like, I didn’t really believe people would be so blind this time. Boy was I wrong.
** Making and kitting all the parts in China then shipping them to Europe for assembly has to be a heck of a big expense per vehicle. There might be another reason for that - China's slowing economy and high unemployment rates. The kitting will keep Chinese people employed but its expensive for the government to prop that type of operation up to keep people employed, especially for generic parts like sheet metal and plastic parts. ** Nissan and Bankruptcy (or 'administration' for some) - Not sure how bankruptcy works in Japan, but if here in the USA that might be their better path as they could easily restructure their USA operations and get new financing. Those situations usually see the leadership vanquished and operations drastically consolidated to keep the profitable parts of the company. From what you have in the video Honda may just take over Nissan's electric car operations (the Leaf car here in the USA).
Is a car becoming a laptop or a phone? On one hand yes, but if there is no dealership/service network for when it goes wrong… I am not sure I would purchase a new car (or used) if there is no maintenance support? Would you? Would you buy a car without a support network?
ICE vehicles use an internal combustion engine, which requires the production of complex mechanical components, such as pistons, valves, and crankshafts. In contrast, EVs use electric motors, which require the production of specialized electrical components, such as batteries, power electronics, and electric motors. Once ICE getting lesser, its parts price will go up (economic of scale) Bare in mind 1/3 of the car in the world made in China, substantial reduction of ICE production there will cause deminishing economic of scale, effect will be far reaching, either u aware or not its still burden ur pocket if u stick with ICE
These legacy auto makers gave up a long time ago about producing good quality affordable vehicles that are interesting to drive. Now they make fewer higher priced cars for the rich which they make profits per vehicle sold than compared to a big number of cheaper vehicles sold.
There's a very large amount of western interests (billionaires) who are getting replaced and see their influence shrink. Of course they will use their mouthpieces to "hate".
This particular sale nearly happened in December 2021. The price wasn’t right then and talks came to nothing. Maybe the time is now right…. We shall see.
When Chinese EV take away opportunities for US auto makers in Europe the scale volume rests with China. There is not enough volume in the USA for the US auto makers to survive
Taking over? Taking over? Taking over? Not buying? Taking over sounds like a military action. Were I to say I'm taking over your house rather than offering to buy? BWT How big/much your solar cost? want to get an estimate for the same setup here in USA.
Europeans deserve a better choice, Only in this way can their car companies can grow better competitiveness, just like when China introduced Tesla during Trade War
Chinese car makers are playing the long game. Biding their time while the legacy automakers collapse and offer their factories for pennies which the Chinese eagerly snap up. Same thing when Holden went bust. Who took over GM’sThai factory? GWM. Their showrooms? SAIC.
Nissan Leaf were are fantastic cars decade ago. They dropped the ball with continuous chademo support and lack of battery improvement and greedy pricing
In europe we even did not get the 400Z and the GTR was dead earlier and a Juke or a Micra no thanks to me Nissan didn t sell interesting cars here for a long time and it won t change..Yeah china could buy the plants and save many jobs. I will not be an EV customer but working for them i don t find horrible
Hey, take your time and actually plan you episodes start to finish, its not enough to just talk into the camera for a few minutes, because that forces whoever has the job to edit them to combine the videos to get somewhere near to 10 minutes.
China isn’t competitive if they build abroad they gotta hire workers in that country which raises costs and thus makes their vehicles more expensive with questionable quality.
This is old news, from April 2024. Nissan restructured their European business. The market share is 1,x%. The Nissan market decline since 2017. They never had a big market in Europe.
I believe the big 3 German car makers will survive long term but companies like Jaguar, Aston Martin etc even Volvo will disappear. Not even mentioning Nissan, Mitsubishi and such.
@@ChillyPeppersPodcast Volvo have big Chinese company Geely back them up. If they have more rebadged Geely zeekr and Geely link&co to Volvo, the Gothenburg Office mainly focus on marketing in the EU and US market, they will be fine. If Volvo continues to act like an independent company, wasting money on developing their own EV platforms by their inefficient Gothenburg team, they will facing big trouble.
Cars they cant sell? Really?? You are telling me that after doubling the price of the "regular worker's car" makes it unaffordable.. Wow, i guess reality is still the same after all, its car makers that got out of control..
That’s a bit Disingenuous of you. So are the Americans with huge subsidies for low emission vehicles. Same thing in Europe up until recently The deference is the Chinese got up and actually did it.
Western automakers (and japan) forgot about the low end of the market because the margins are too small. Problem is that Chinese automakers did not- they will own the entire cheap car market immediately and will use that economy of scale to take the whole thing.
Actually wrong interpretation of that. In America consumers will say they want a low-cost smaller vehicle, but they actually buy larger vehicles with lots of features in them. The Japanese and Korean brands have sold smaller cars in the USA for a long time with mixed results. My best example is Toyota trying to sell a car line they called 'Scion' brand for about 10 years. Smallish cars, small economical engines, low cost, but after good initial sales the sales volume slumped and the Scion cars were discontinued.
@@crosslink1493 "Want" has nothing to do with it. The low end of the market isn't people who want small cars, it's people who can only afford cheap stripped down automobiles so they can get to their shitty job and pay the rent. The Toyota Corolla was introduced in the 1960s - it was small, it was stripped down, it was reliable and durable and it became one of the best selling cars in the world and the US and is still regularly in the top 5. People love the Chevy Bolt and was one of GMs best selling vehicles despite it's crappy range before they canned it because the margins were too small. If someone made a car like the bolt only just slightly better and slightly cheaper they'd absolutely dominate the car market. The Chinese may be the ones to do it.
abelincoln3261 Aero engineering Smart phones Space engineering Quantum radar and computing Microchip manufacture I could go on and on China turns out over 20,000 engineering graduates annually The U.S. 4,600 The answer is obvious The third world west
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BYD is building a factory in the city of Szeged in Hungary
all just to make shit woke crap
It is just the beginning of a huge buying series of European carmakers plants by Chines carmakers.
I think Jaguar and Land Rover/Range Rover has been owned by a Chinese corporation for more than several years now.
That's what I have been reading about in many different publications.
@@garrettyamada9821 Jaguar Land Rover is owned by Tata which is an Indian company ^^
Plants yes but people would delusional if they think Chinese companies want their precious brands unless there's a benefit.
@@garrettyamada9821 I think it's Tata corp. of India that actually owns Jaguar and Land Rover/Range Rover.
And so it begins... 😮
The auto industry could very well be the canary in the coal mine. However, where I agree with you, there always seems to be an unforeseen hypercyclic demand driver that props it all up? We'll see.
Brazil update: GWM just purchased a Mercedes factory in Sao Paulo state to build the Haval SUV.
damnnn😂😂😂
have you seen MERCEDES sales lately?
It was shocking to see nearly NEW mercedes at 50% off.
I just can't believe people throwing away cars like this.
BUT
I held back from buying as the Battery Fire in South Korea was the reason for such prices.
@@naga2015kk oh the EQS, yeah that shit is crazy
The Chinese own almost all automaker at this rate!
Volvo, MG, Link&Co, Porsche, Lotus, VW, BMW, GAC Fiat Chrysler, Honda, Ford, Nissan, Mercedes, KIA, Mazda, Vivian, Lucid Motor, Chery, Dongfeng Peugeot-Citroën, Dongfeng Renault, Jaguar Land Rover, FAW Toyota, Stellantis, Polestar, Tesla, Audi, Mitsubishi Motors...... Much more but I cant think of anymore lol
@@alphaomega1969 Jaguar land Rover by tata
This is what happens when you go the Tonya Harding way, instead of improving yourself and changing with the times.
Plenty of car manufacturing facilities available here in the UK, we are used to working for foreign owners, so long as we get paid cars will be produced
fair enough,
why would ANY country turn away investors?
Free trade and globalization is THE WAY OF THE FUTURE.
Isolation will destroy the economy, just like India and Soviet Union.
China nearly died from Isolation. Don't forget that.
Wages are probably too high compared to South America and Asia though
@@timmat8029 Not if it's non-unionised, some folk just want to work
@@naga2015kkIndia had to be isolated in the past. With US openly supporting Pakistan in wars ( even sending the Pacific Fleet, to be thwarted by Soviet submarines)
What would have happened to India if it was not isolated when the West imposed sanctions after our nuclear bomb testing!!?
STRANGELY ENOUGH nissan produce the quashkai in SUNDERLAND england
All these legacy automakers just got to fat to lazy and thought they could just keep offering the same shit with a high price tag.
It's far more complicated than that.
too!
@@Whyunounderstand it started with the Obama era truly, not that the Clinton clan were kosher. Obama weakened and compromised US the worst.
@@Harry-TramAnh
that's another way of saying you don't understand.
Right!! And all this time making huge profits they could have started making EV’s better at the same time as the Chinese companies but decided to make stupid headlines instead!!
Thanks!
You're welcome!
No, they don't rebadge BYD.
For Nissan, the partner in joint-venture is Dongfeng.
For Honda, the partners in joint-ventures are GAC and Dongfeng.
I just want a small, reliable and comfortable car I can afford to buy and own. I don't care who builds it.
I wouldn't consider ths to be a trojan horse. On the contrary, when a Chinese automater takes over an already "failed car factory" they are bringing jobs and prosperity to the people of that area. his is not only simply based on manufacturing, the sales and service industries benefit as well. If a company is no longer able to produce a good product at a reasonable price, they deserve to go out of business and make way for others who can.
Yes the new leaders will replace those legacy makers and create even more jobs for the locals where these new innovative factories will take the next leap of progress. It's business man
Yes, the become the just assembly plant for China's parts. That trojan hors.
We should remember that ALL companies (not just auto companies) have a determined lifecycle. Under our capitalistic system they need to show consistent growth or they are either taken over by a more dominant rival or they wither away and become bankrupt.It is the natural Darwin model we live by and we should not be surprised by this as there are still far too many car manufacturers supplying the world markets especially now with the rise of the Chinese companies.
sad but true.
True, nothing, seems no companies last forever unless they are bought out, brand continue to future
Fantastic news and trend for the consumer!
Just like clothes, TV and mobile phones, Chinese cars will be enriched in our lives.
fax..... affordable too in this economy.... we need to save every penny
We are being robbed not enriched!
Tesla took over a factory in California that was a GM/Toyota joint venture that was terminated.
It made the setting up of a new car company possible. (Firesale price)
And now tesla is moved to Texas and half of its cars are being produced in china lol
The California plant take-over was quite a few years ago (at least a decade ago, maybe even longer), not recently like Sam mentions with these Chinese plants in Europe.
@@TAYABIFTIKHAR-w3w Tesla move its headquarters to Texas, not the car assembly plant in California. As far as I know the Tesla plant in China produces Tesla cars for the China market, and a small proportion are shipped out to other countries in the Asia and Australia.
@@TAYABIFTIKHAR-w3wthe 3 largest car markets in the world are China, Europe and US. So Tesla has a factory in China, one in Europe and 2 in the US. Your point?
China points the finger at Germany - Overcapacity. Overcapacity.
Woke up this morning and saw that you have hit 250K subscribers 🎉congratulations 🎊 Sam! 😊
Thanks! Really appreciate the support!
Now that Stellansis have announced the closure of the Vauxhall electric van plant in Luton uk this provides an opening for the Chinese commercial vehicle manufactures to move into the UK with a ready and waiting highly skilled workforce of 1200 available. Understandably they would not care what nationality their new employers were providing they paid well.
That'll be unwelcome influence. There is no way for the UK to accept it.
@@zdj-h9m Ask the 1200 workforce - Vauxhall have been under foreign ownership for many - many years. It’s perhaps worth mentioning that the iconic brand Triumph motorcycles was set up by a German
@@zdj-h9mso what type of “influence” would that be and I assume you mean negative influences? All businesses have some sort of influences with government.
@@zdj-h9m Trust me, the Chinese corp dont want any 'positive' influence(lazy, low work ethic and no workmanship) from the glorious United Condom.
Are assembly line workers “ highly skilled “?
When Ford left Brazil, it destroyed 900 cars that were in the factories. Today, the cars from the brand are greatly depreciated due to a lack of quality original parts. I sold my Ford when the insurance tripled from one year to the next in 2022. BYD will start producing 2025 models in Brazil from this month.
No time to play the Chinese are seriously into Business. 😎
Nissan produced nice cars. I owned one many years ago. They are easy to drive, save fuel and looks good. Sad to see them gone.
Next, the Chinese will take over Stellantis and marquee US car brands.
Well, certain Buick models have been made in China for at least a couple of years now.
This is a fact and the absolute truth.
@garrettyamada9821 blame Obama..Sadly he was the worst US president ever. US may gave to suffer his jihad with China and radicals for self gain. Dig deep amd you may find him to be the worst ever leader.
@@garrettyamada9821 China Buicks are actually pretty dope
Alfa Romeo will be a good brand to incorporate 😅
You need to learn from those who are successful. Japan automaker need to shallow their pride. Yes you may try to quantum leap but then it will be costly. The smart move is to learn directly from the Chinese with clear objectives for a win win cooperation with clear transfer of technology and processes. The Japanese automaker just need to know what the Chinese copy from them and improved on it and how are they going to do the same legally.
Nissan own the UK’s largest car factory, and after yesterdays Stellantis announcement re Luton it’s not looking promising. How sad that Nissan binned a decade lead in EV’s (the Leaf (not contracted manufacturing btw). Carlos Ghosan was right, and look what happened to him.
So true. They went after Ghosn, and succeeded, and ended up in such a worse spot now.
Paying the price for oustering Ghosan,
😂They fxxk around, and they find out. No sympathy here.
Tesla does the same thing with their models in Europe. In Tilburg, the Netherlands, there is a huge assembly site.
In Europe (EU) the alarm bells are ringing loudly. Nissan is in trouble for years and won’t survive, but in fact all legacy car makers are in trouble.
Also it’s not just the car industry, but various industries suffer similar problems.
💪😎👍🇨🇳中國品牌的汽車，就是未來。
Wow, those times are probably start of the end of EU and Japan automobile industry
Bissan has a large dealer unfractured in The U.S. it makes sense to use that network aka Chinese companies merge / partnerships buyouts for those plants dealers and infrastructure.
Capitalist systems, in general, make profits in an environment where the demand already exists. Ex. VHS in the 70's.
China, with it's hybrid system, is putting capital into a business model that is growing (demand). One of the problems is the lagacy industry expects special treatments so it can weather the down turn that it helped create, but things are different now a days.
Chery are working closely with Thatcham Research in the UK to improve repairability and get insurance costs down - car makers don't usually care too much and Thatcham are a big deal in the auto safety&repair world. Showing the Chinese and in this case Chery in particular are serious about embedding themselves around the world. They're doing what Ford and GM did over a century ago to make themselves the auto industry cornerstones.
BYD should buy them and 250k subscribers congrats!
congrats to your 250 000 subscribers !!!! Well done.
That’s right Sam. However unfortunately the first cars to be produced will be ice. Then hydrid and finally ev. Not sure of the timing. Ebro is a brand, owned by Nissan and sold with the factory to Chery
Named after the river
What a pity someone didn't think of doing the same with empty factories in Australia. We have plants previously owned by Toyota, Ford and Holden (GM) that are available and we did have a skilled workforce when the factories closed around 2017. Think of the jobs that could have been created, the cars that could have rolled off the assembly line as local product. Unfortunately none of that happened and the factories gather dust.
We never had the scale of production in Australia with our small population. There are growing industries now modifying imported cars for use in Australia. Walkinshaw is one, they've gone from 300 to 1500 employees in a few years.
@@rais1953 You may be right. I've seen some videos of companies that import EVs from Japan (Leafs mainly but not exclusively) and put new batteries in them. IF you consider that over time in Australia we had factories that made Ford, Holden, Nissan/Datsun, Chrysler and Mitsubishi and now all those factories are closed and the skilled workers lost. GM would not allow Holden to export, Toyota exported as did Ford and Mitsubishi at one time there might have been a market in countries nearby. We'll never know. The opportunity is lost and we'll be swamped by Chinese makers before long - the sheer volume and the price will be the determining factors.
Was said a very long time ago: obsolete your current product line or somebody else will.
When chinese coy invest in europe, u called it a trojian horse. When european coy invest in china, u claimed they are selling european tech. Come on, stop the double standards.
China industry is heavily subsided by the government, not a level playing field.
In Brazil, GWM, Neta and maybe GAC Aion will likely build cars using former legacy automaker factories. Those are Mercedes and Toyota.
Why do these manufacturers continually produce models not really wanted.
Always 😂 a great show . thanks
Japanese debt is owned by its citizens. US debt is owned by foreigners. You miss the finer details that make all the difference.
The interesting thing is that if you talk to German manufacturers’ employees, they are actually convinced the whole market will collapse *around* them, because they are too good to fail. When Tony Seba predicted this collapse would be Kodak like, I didn’t really believe people would be so blind this time. Boy was I wrong.
Geely takes over and call it Neely
HAHAHAHAAA
hope they keep the leaf alive ,they are quite a nice car
No more jokes about products made in China 😅
Ironic that the Cherry was one of the models that Nissan built their empire on.
Chery do made a lot of ICE vehicles too.
Somebody in far east bought cherry car. Paid cash. Within ten days broke down in the middle of nowhere at night. 😂😂
** Making and kitting all the parts in China then shipping them to Europe for assembly has to be a heck of a big expense per vehicle. There might be another reason for that - China's slowing economy and high unemployment rates. The kitting will keep Chinese people employed but its expensive for the government to prop that type of operation up to keep people employed, especially for generic parts like sheet metal and plastic parts.
** Nissan and Bankruptcy (or 'administration' for some) - Not sure how bankruptcy works in Japan, but if here in the USA that might be their better path as they could easily restructure their USA operations and get new financing. Those situations usually see the leadership vanquished and operations drastically consolidated to keep the profitable parts of the company. From what you have in the video Honda may just take over Nissan's electric car operations (the Leaf car here in the USA).
Is a car becoming a laptop or a phone? On one hand yes, but if there is no dealership/service network for when it goes wrong… I am not sure I would purchase a new car (or used) if there is no maintenance support?
Would you? Would you buy a car without a support network?
BYD already has a dealer network in the Uk. Over 100 by the end of 25.
Japan debt 9 trillion, US debt 36 trillion
I hear there's a Stellantis factory about to go up for sale!
ICE vehicles use an internal combustion engine, which requires the production of complex mechanical components, such as pistons, valves, and crankshafts. In contrast, EVs use electric motors, which require the production of specialized electrical components, such as batteries, power electronics, and electric motors.
Once ICE getting lesser, its parts price will go up (economic of scale)
Bare in mind 1/3 of the car in the world made in China, substantial reduction of ICE production there will cause deminishing economic of scale, effect will be far reaching, either u aware or not its still burden ur pocket if u stick with ICE
hi. can tou tell me how did you put a link under the blue words with a search emotikon? i cant find a video on youtube how to do it. please?
nissan shares were higher 20 odd years ago BUT please have a look at shares in mitsubushi , AS OF THIS MONTH historical highs ?? I kid you not
Volvo was doing this for years. Even in North America
I know of some car factories in German. VW i think.
Where the money comes from for Asian car manufacturers? To acquire old plants in India, Thailand and Europe
These legacy auto makers gave up a long time ago about producing good quality affordable vehicles that are interesting to drive. Now they make fewer higher priced cars for the rich which they make profits per vehicle sold than compared to a big number of cheaper vehicles sold.
The hate man - dificult to understand where all this hate comes from !…
Colonialism
@ … loool… and you couldn’t understand what you read !…😂
There's a very large amount of western interests (billionaires) who are getting replaced and see their influence shrink. Of course they will use their mouthpieces to "hate".
Where*
@@baronvonhoughton thanks
vauxhall are closing a plant in the uk.
Nissan is done in Europe.
They have factories. We want factories and we are to make back packs and socks for $100 dollars a piece.
5:04 Why did you say welcome five minutes in 😂
Because this was another video which he just cut with the beginning of this one
This particular sale nearly happened in December 2021. The price wasn’t right then and talks came to nothing. Maybe the time is now right…. We shall see.
When Chinese EV take away opportunities for US auto makers in Europe the scale volume rests with China. There is not enough volume in the USA for the US auto makers to survive
Taking over?
Taking over?
Taking over?
Not buying?
Taking over sounds like a military action.
Were I to say I'm taking over your house rather than offering to buy?
BWT How big/much your solar cost? want to get an estimate for the same setup here in USA.
I wonder whether Ebro cars will make its way outside of Spain.
Europeans deserve a better choice, Only in this way can their car companies can grow better competitiveness, just like when China introduced Tesla during Trade War
100 % the end of ICE car soon..people buy EV car .
Thanks for watching in the middle of the video :)
Thanks again!
Chinese car makers are playing the long game. Biding their time while the legacy automakers collapse and offer their factories for pennies which the Chinese eagerly snap up.
Same thing when Holden went bust. Who took over GM’sThai factory? GWM. Their showrooms? SAIC.
Way TOO Many auto builders in the world
Nissan Leaf were are fantastic cars decade ago. They dropped the ball with continuous chademo support and lack of battery improvement and greedy pricing
Consumers, hopefully, r going to benefit with Chinese competition as well as the environment when nations adopt green renewable energy amass.
After what they had done to Gohsn, who would want to put money into Nissan. It is toxic.
Sp your saying Japan's debt out stripe the US debt mountain of $36T (trillian) !
he meant debt over GDP.
i thought EU lifted tariff against chinese EV already, but in exchange chinese automakers will not start a price war in EU.
Wasn’t this announced in April 2024?
In europe we even did not get the 400Z and the GTR was dead earlier and a Juke or a Micra no thanks to me Nissan didn t sell interesting cars here for a long time and it won t change..Yeah china could buy the plants and save many jobs. I will not be an EV customer but working for them i don t find horrible
Carlos Ghosn to Japanese CEO : I told you so.
If take plant and workforce together, politics and unions are satisfied
Hope BYD come to Nissan Sunderland!!
Hey, take your time and actually plan you episodes start to finish, its not enough to just talk into the camera for a few minutes, because that forces whoever has the job to edit them to combine the videos to get somewhere near to 10 minutes.
Watch something else the. Cannot find anything better? Then stop complaining
You think nissan stock will continue to go down its at 4.84 right now
Great for European jobs
R.I.P Nissan😢
China isn’t competitive if they build abroad they gotta hire workers in that country which raises costs and thus makes their vehicles more expensive with questionable quality.
Robots
dream on. China learnt from the best and now does better.
This is old news, from April 2024. Nissan restructured their European business. The market share is 1,x%. The Nissan market decline since 2017. They never had a big market in Europe.
If Nissan wanted to survive, it should have implemented its prototypes of 2yrs ago, too bad for them.
I believe the big 3 German car makers will survive long term but companies like Jaguar, Aston Martin etc even Volvo will disappear. Not even mentioning Nissan, Mitsubishi and such.
@@ChillyPeppersPodcast Volvo have big Chinese company Geely back them up. If they have more rebadged Geely zeekr and Geely link&co to Volvo, the Gothenburg Office mainly focus on marketing in the EU and US market, they will be fine. If Volvo continues to act like an independent company, wasting money on developing their own EV platforms by their inefficient Gothenburg team, they will facing big trouble.
Volvo is already Chinese owned by Geely. Who also introduced Polestar
So many "national security" happening now. LOL.
Cars they cant sell? Really?? You are telling me that after doubling the price of the "regular worker's car" makes it unaffordable.. Wow, i guess reality is still the same after all, its car makers that got out of control..
From my googling, it seems the USA has a national debt 4 times that of Japan. ie,. $36 trillion dollars vs $9 trillion.
OK ??
@@mikemiller659 This is in reference to the Viking saying the Japanese debt was the highest by far.
Chinese car manufacturers are heavily subsidised by the state, that's why they're "successful".
That’s a bit Disingenuous of you. So are the Americans with huge subsidies for low emission vehicles. Same thing in Europe up until recently
The deference is the Chinese got up and actually did it.
Sam. Public and private debt are not even close to the same. You refuse to learn
It looks like the folks who complain about EV "mandates" won't buy enough tailpipe cars either. Going to see some legacy automakers go under.
But will EU charge tariffs to auto parts from China?
Western automakers (and japan) forgot about the low end of the market because the margins are too small. Problem is that Chinese automakers did not- they will own the entire cheap car market immediately and will use that economy of scale to take the whole thing.
Actually wrong interpretation of that. In America consumers will say they want a low-cost smaller vehicle, but they actually buy larger vehicles with lots of features in them. The Japanese and Korean brands have sold smaller cars in the USA for a long time with mixed results. My best example is Toyota trying to sell a car line they called 'Scion' brand for about 10 years. Smallish cars, small economical engines, low cost, but after good initial sales the sales volume slumped and the Scion cars were discontinued.
@@crosslink1493 "Want" has nothing to do with it. The low end of the market isn't people who want small cars, it's people who can only afford cheap stripped down automobiles so they can get to their shitty job and pay the rent. The Toyota Corolla was introduced in the 1960s - it was small, it was stripped down, it was reliable and durable and it became one of the best selling cars in the world and the US and is still regularly in the top 5. People love the Chevy Bolt and was one of GMs best selling vehicles despite it's crappy range before they canned it because the margins were too small.
If someone made a car like the bolt only just slightly better and slightly cheaper they'd absolutely dominate the car market. The Chinese may be the ones to do it.
Without the auto market aka cars, trucks, vans, motor cycles, EBikes electric equipment... etc. market what does China have to sustain it's economy?
abelincoln3261
Aero engineering
Smart phones
Space engineering
Quantum radar and computing
Microchip manufacture
I could go on and on
China turns out over 20,000 engineering graduates annually
The U.S. 4,600
The answer is obvious
The third world west
China's vehicle market is the largest in the world, but it is only a small part of the Chinese economy bro
How many years will Chinese EV cars last . . . Nobody really knows. European ice cars can last many years.
Europe. ICE cars particularly German are notorious for not lasting. The transition is happening wether you like it or not