The car market in the US is dying. That’s why Tesla has such high marketshare in sedans. Everyone else discontinued their sedans, and even Honda and Toyota are selling more SUVs that cars.
As to other vehicles, I doubt BYD can capture marketshare “easily.” Toyota and Nissan thought the same about the truck market, and they each have an underutilized truck assembly plant as a testament to that arrogance. It took Toyota and Honda decades to get where they are today in the US.
Toyota and Nissan were both actually doing better than any of the big 3 in truck sales in the US. Look up the chicken tax. The big 3 couldn’t compete, so they got the government to step in
The car market in the US is dying. That’s why Tesla has such high marketshare in sedans. Everyone else discontinued their sedans, and even Honda and Toyota are selling more SUVs that cars.
As to other vehicles, I doubt BYD can capture marketshare “easily.” Toyota and Nissan thought the same about the truck market, and they each have an underutilized truck assembly plant as a testament to that arrogance. It took Toyota and Honda decades to get where they are today in the US.
Toyota and Nissan were both actually doing better than any of the big 3 in truck sales in the US. Look up the chicken tax. The big 3 couldn’t compete, so they got the government to step in
And yet despite having production in the US (no chicken tax), they are way behind GM, Ford, and Ram. They sell hardly any by comparison.