Watch as their costs go through the roof and they price out their existing customers. And then comes the market share collapse. GM is already known for low quality at high cost. Now they really want to cease existing as a company entirely.
2027? Like what the US general say about Ta1w4n AR timeline?
If you're a GM supplier, this is the fastest and easiest way to cash out big time. Have Chinese components shipped to Vietnam, Thailand, or Cambodia. Have any indicators of origin removed and replaced. Sell to GM at the maximum markup you can extract.
It basically doesn't matter. The way that the Europeans are wired right now, if it's not this bit of theft, there will be another one next week, or the week after that. In the mean time, it's super easy for China to go really slow on the shipment of Nexperia chips to the EU. To make it really hurt, instead of an outright ban, it can reduce the outflow to say, 10% of what the European industry needs. There are nearly an infinite number of ways to pull that football away.
I would suspect the dirty secret is that many of them already are. There's a reason why inflation is 3% instead of 20%.
