They’ve released new rules for next year: all ICE cars must achieve a 70mpg efficient to be sold in China. This pretty much excludes all EU/US ICE cars
maporita
What a shame these companies didn’t know about climate change and the switch away from fossil fuels. /s
skididapapa
SAIC group down 39% in Aug YoY
Honda sales in China in Aug Down 44.3% YoY
GAC also down in Aug YoY
Exciting_Inflation36
**FUCK LEGACY CAR COMPANIES.**
This is what happens when you spend years doing nothing to push innovation. Now Chinese companies are stepping in with competition, and that’s a win for us consumers! They are already doing great in Latin America AND Europe! Superior products WILL ALWAYS win
cdofortheclose
Remember when Kodak was a world brand? Yeah neither do I.
tingulz
Just like so many times before, the big players refused to believe they could lose out to new players in the market with shiny new tech. They were so very wrong and now they’re all scrambling to catch up. Will be interesting to see which companies are able to turn things around.
pantalua
The US will counter with a law that mandates no more than 10 miles per gallon. I call it the Hummerization of the Western Civilzation
diffidentblockhead
These were mostly joint ventures in China.
Dreaming_Blackbirds
just like Nokia / Kodak, it’s 100% their own fault for not innovating
11 Comments
RIP US/EU/SK/Japan ICE.
Good. We deserve it
Yup. Pretty much
They’ve released new rules for next year: all ICE cars must achieve a 70mpg efficient to be sold in China. This pretty much excludes all EU/US ICE cars
What a shame these companies didn’t know about climate change and the switch away from fossil fuels. /s
SAIC group down 39% in Aug YoY
Honda sales in China in Aug Down 44.3% YoY
GAC also down in Aug YoY
**FUCK LEGACY CAR COMPANIES.**
This is what happens when you spend years doing nothing to push innovation. Now Chinese companies are stepping in with competition, and that’s a win for us consumers! They are already doing great in Latin America AND Europe! Superior products WILL ALWAYS win
Remember when Kodak was a world brand? Yeah neither do I.
Just like so many times before, the big players refused to believe they could lose out to new players in the market with shiny new tech. They were so very wrong and now they’re all scrambling to catch up. Will be interesting to see which companies are able to turn things around.
The US will counter with a law that mandates no more than 10 miles per gallon. I call it the Hummerization of the Western Civilzation
These were mostly joint ventures in China.
just like Nokia / Kodak, it’s 100% their own fault for not innovating