What May Eventually End 'Big Three' Dominance

class="story-stream-hover-wrapper">
X
Story Stream
recent articles

This slide show has the ominous feel to it - the pictures are form the recent auto show in Shanghai. China's domestic car makers were in full force, showcasing their latest models - from compact to small-sized sedans to luxury brands. Looking at the pictures, the apparent similarity of Chinese models to Toyota, Honda - even Bentley - is all too clear.

Bottom line is that these cars were made at a fraction of the cost of their American competitors. And they look just like what the market demands - small, sleek, compact sedans and cross-overs. The big question is when these cars are going to be sold in the United States. Once that happens, the car market here is going to go from cut-throat to down-right thermonuclear. The American consumer would win, of course, but at what price? That remains to be seen.

Yevgeny Bendersky is the Senior Strategic Advisor for International Operations at Jenkins Hill International, LLC and a RealClearWorld contributor.