this post was submitted on 31 May 2024
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Electric Vehicles

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While the US and EU are putting up barriers to Chinese cars, Australians are buying them at record levels (www.abc.net.au)
submitted 4 months ago by schizoidman@lemmy.ml to c/evs@lemmy.world
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[–] wildbus8979@sh.itjust.works 3 points 4 months ago (2 children)

Canada might have manufacturing, but it doesn't have its own brands anymore because of the aforementioned reasons. Meaning the bulk of the profits are still sent out if the country.

[–] smuuthbrane@sh.itjust.works 3 points 4 months ago (1 children)

Brands mean squat. If you have no manufacturing, you have zero reason to implement tariffs.

[–] wildbus8979@sh.itjust.works 2 points 4 months ago

Brands mean headquarters means profits returning to that country. But it's all moot because Canada owned the brands AND was manufacturing.

[–] ShepherdPie@midwest.social 2 points 4 months ago

Australia has some brands like Holden but they are just subsidiaries of US companies.