Chinese drivers are buying affordable electric vehicles loaded with new technology, a trend that is redefining high-end vehicles and hurting German automakers.
The executive, Jim Farley, said President Trump’s tariff and auto policies would raise costs and could force the automaker to cut jobs.
The president’s impulsive tariffs are a symptom of a deeper challenge to U.S. manufacturing.
Los aranceles podrían ser un duro golpe para el mayor productor de autos en México y aumentarían los precios de muchos vehículos vendidos en Estados Unidos.
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
President Trump seems poised to roll back the very incentives that are reviving American manufacturing.
Trump will face a new China this time, one whose advanced manufacturing muscles have exploded in size, sophistication and quantity.
BYD y otros fabricantes están importando automóviles de China y explorando fábricas en México como parte de una expansión global que, por ahora, excluye a Estados Unidos.
BYD and other manufacturers are importing cars from China and scouting factory sites in Mexico as part of a global expansion that, for now, excludes the United States.
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.