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The $25k car is going extinct?

(media.hubspot.com)
319 points pseudolus | 1 comments | | HN request time: 0.211s | source
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Glawen ◴[] No.44415435[source]
Aka how to shoot yourself in the foot and hand over the market to Chinese manufacturer. In Europe, only Renault created a low cost brand (Dacia).

Once chinese brands become commonplace everywhere, tradional carmakers will have a hard time taking back market share. In Europe they closed or are closing the last HCOL factories, killing any remaining brand loyalty.

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aprilthird2021 ◴[] No.44418409[source]
The sad thing is it'll be a slow death. As American / German / Japanese still hold cultural cachet over Chinese/ Vietnamese cars, the companies will delude themselves into going off a cliff till a new gen comes and doesn't care about that cachet and just cares about price
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1. ReptileMan ◴[] No.44421347[source]
I don't know. Lately the basic expectation even for Temu Chinesium it to work and work well. So I have been taking chances on bigger and bigger ticket items that are made in china and are of good quality for a fraction of the price of the western things. Made in China doesn't carry such big stigma lately. So I don't think that the headwinds toward them (unlike everything изделано в СССР) are that strong. I mean can't be worse than a Renault.