China's carmakers are heading for a crash

What does this mean for American car makers? It’s odd that cars are getting pricier and people keep buying them. A family SUV costs 50k now. At some point with unemployment growing, this will crater. And American car makers won’t be able to sustain their expenses, like paying workers at current rates.

Right? Prices skyrocketed for all cars after COVID and never came down. At least some manufacturers have seen a pretty big increase in quality lately (Kia). Can’t say the same for our domestic manufacturers tbh.

I wonder how much of this language is just anti-Chinese. “Slumping” costs for price decreases. Whatever the outcome, it’s clear I’d much rather prefer to be purchasing a car in China than America at the moment. Probably nicer roads to drive on, too, if I’m being honest.