China's transformation into an auto export hub continues. Per, the WSJ, Nissan and Ford are planning to join the use China to supply the world club
"Nissan is in good company: Ford, Tesla and BYD have all been increasing exports from China."
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"Nissan is in good company: Ford, Tesla and BYD have all been increasing exports from China."
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Though for now, foreign (and Chinese) firms aren't using China as a base for selling to the US market -- hence the WSJ headline around a fragmenting market
wsj.com
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wsj.com
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background on Ford's recent experience in China -- and why "CEO Jim Farley has said he plans to narrow Ford’s focus in China to commercial vehicles, shrink spending, become light in assets and use the country as an export hub"
(emphasis added)
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wsj.com
(emphasis added)
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wsj.com
My view here is a bit at odds with the WSJ's headline. The global auto industry has largely been fractured along regional lines (tho many of the same firms operate in all the main regional markets). The industry has been fractured for some time ...
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But the current cost advantage from Chinese production (and the large amount of capacity available in China) is creating pressure to integrate the global market in ways that are at odds with current global politics -- hence the dilemma facing Nissan
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