TodaySeptember 26, 2021

Chinese will conquer the U.S. auto industry

John Batchelor Radio show

Gordon Chang, Forbes & the daily, and John Batchelor, the host of the John Batchelor Radio show talk to Lou Ann Hammond, CEO, drivingthenation.com

I started writing about Brand new 2012 cars under $15,000, but The Forbes story turned into an article about why the Chinese car companies would not bring cheap cars into the United States.

Driving the Nation

only 2.5 percent of the market was made up of cars under $15,000 in 2011

Once I got the numbers from Alexander Edwards, the President of Strategic Visions, I realized China would not be sending cheap cars to America.

What is the average price of a new car? That would tell me where I should look for the starting price of a Chinese car. The National Automobile Dealer Association (NADA) website says the average price of a brand new car is over $30,000.

Driving the Nation

In 2011, the average new-car price was $30,520.

Chang, Batchelor, and Hammond talk about what type of car will be brought into the United States, whether it is the internal combustion engine or the electric vehicle.

Chang uses BYD, a Chinese electric vehicle company that Warren Buffet owns 9.9%, as an example of an EV car that is thinking of coming to the United States.

We also talk about CODA automotive and whether it will ask for a U.S. government loan to manufacture in the United States.

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Lou Ann Hammond

Lou Ann Hammond is the CEO of Carlist and Driving the Nation. She is the co-host of Real Wheels Washington Post carchat every Friday morning and is the Automotive, energy correspondent for The John Batchelor Show and a Contributor to Automotive Electronics magazine headquartered in Korea. Hammond is a founding member of the Women's World Car of the Year #WWCOTY, and board member of the Women in Automotive.