The Chinese government is effectively giving all manufacturers 0% financing and raw materials at cost.

And even still, BYD executives have come out and said their pricing is not sustainable. The Chinese market is engaging in a massive price war and BYD's strategy is to entrench themselves in new markets with "aggressive" introductory pricing campaigns.

To be sure, I know there are a lot more regulations on car manufacturers now, and tech in the cars, but come on!

Querying Claude: "Manufacturers have responded by prioritizing profit, concentrating inventory at higher price points…", "2026 is the first year in the U.S. with no new car priced under $20,000."

Cars in the US are the ultimate regressive tax. The blue-collar worker that needs a car to get to work, the guy that mows lawns for a living, the maids… Sure, used cars are a thing (my first car in my 1984 was in fact a Datsun B-210 that I paid $400 for). But I think everyone has noticed that used car prices are through the roof as well.

The Japanese came in and handed the US car manufacturers their asses in the 70's. We might need something like that again.

The kind of corporate-socialism that would allow a government to dump cash into an otherwise uncompetitive domestic automotive manufacturer to keep it afloat though, is more an American thing. If American auto manufacturers are right, and BYD is receiving government help, the hypocrisy would be nearly unbelievable