U.S. car dealers are raising serious concerns after Canada announced it would allow Chinese-made cars into its market, fueling worries that Chinese automakers might soon enter the U.S. as well.
NADA CEO Mike Stanton described the decision as “harmful for our industry, our country, and consumers.” Dealers fear that cheaper Chinese vehicles could bypass traditional dealership networks and sell directly to buyers, disrupting established business models.
Lawmakers from both parties have criticized the move, while analysts point out that consumers are increasingly interested in affordable Chinese cars. This situation is creating additional pressure on U.S. auto dealers.
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