Busy week as always. Biggest news this week in Detroit - The official opening of the Michigan Central. It’s been the backdrop for many movies, used as ruin porn of course, but Ford Motor Company and the Ford family decided to make a HUGE bet on the area in Detroit called Corktown, where the old Tiger stadium was located.
God article, living in Beijing the last 10 years, when I arrived in 2014 I would not touch a Chinese brand car with a stick, they were terrible (design, quality, features, engines etc…) I knew that quality vehicle could be manufactured in China (my 10 year old VW that never had a single fault is testament to that). When I started looking to replace my VW the Tesla Model Y was the obvious choice (but I notice fit and finish is only average), I looked at the VW ID6 (China specific mid size SUV) but it lacked style and performance, the Audi is a upmarket VW that you only get FWD single motor unless you want to donate a kidney. Mercedes overpriced. Then I saw a Nio ET5T on the streets, I thought that looks cool!! Researched NIO and couldn’t find a bad review, test drove an ES6 and bought one. Very satisfied will all aspects, no way I would go back to an ICE.
Nicely said. Per Master Investor Keith Fitz-Gerald: "The Dragon is coming to dinner – the only decision you’ve got to make as an investor is whether you want to be at the table or on the menu. Simple". Same for the legacy manufacturers. After promoting the Bretton Woods "consensus" through the GATT and WTO, the US is reversing course now that it is the weaker industrial partner. I was at the 2024 Beijing Auto Show and Tu Le speaks the absolute truth. BTW, I sent Keith an email and recommended that his analysts read Sino Auto Insights. You guys are great!
God article, living in Beijing the last 10 years, when I arrived in 2014 I would not touch a Chinese brand car with a stick, they were terrible (design, quality, features, engines etc…) I knew that quality vehicle could be manufactured in China (my 10 year old VW that never had a single fault is testament to that). When I started looking to replace my VW the Tesla Model Y was the obvious choice (but I notice fit and finish is only average), I looked at the VW ID6 (China specific mid size SUV) but it lacked style and performance, the Audi is a upmarket VW that you only get FWD single motor unless you want to donate a kidney. Mercedes overpriced. Then I saw a Nio ET5T on the streets, I thought that looks cool!! Researched NIO and couldn’t find a bad review, test drove an ES6 and bought one. Very satisfied will all aspects, no way I would go back to an ICE.
Nicely said. Per Master Investor Keith Fitz-Gerald: "The Dragon is coming to dinner – the only decision you’ve got to make as an investor is whether you want to be at the table or on the menu. Simple". Same for the legacy manufacturers. After promoting the Bretton Woods "consensus" through the GATT and WTO, the US is reversing course now that it is the weaker industrial partner. I was at the 2024 Beijing Auto Show and Tu Le speaks the absolute truth. BTW, I sent Keith an email and recommended that his analysts read Sino Auto Insights. You guys are great!