So it is pretty clear the used/new car industries golden ride during the chip shortage/COVID is over with new car prices dropping dramatically from the crazy highs and new cars being put under pressure from the rise of the 'cheap Chinese car'
So for a long time GWM had offered no 'real' threat as there was a a view Chinese cars 'would be less reliable and inferior' esp to the established competitors but now we have BYD, MG, Haval, GWM and LVD - it seems these budget friendlies cars has put downward pressure on the market like we have never seen. It feels like the tide is changing and
with long 7 warranties giving consumers some certainty more and more people seem to be jumping on the Chinese car trend.
this might be anecdotal but i feel like im seeing more and more MGs and Havals on the road in particular. Now i got nothing against Chinese cars or people owning them but i feel like we are going into a bit of a revolution and not just the EV kind people keep talking about.
i personally encourage anything that brings more competition to the market and feel like views on these Chinese cars are changing. It kind of feels similar to the change in attitudes to Korean cars we had about 10-15 years ago with Kia and Hyundai
my question is would you buy a Chinese owned and made car?? [i probably would, if my budget didn't allow for a Japanese car i do have a strong bias to Japanese cars, i dont know if that will ever change]
people need cheap shitty cars to get around from A to B