With the domestic market starting to show signs of a slowdown perhaps it should come as no surprise that China’s automakers are ramping up plans to export product to other parts of Asia, Europe and now, even North America.
Honda will soon begin shipping the subcompact Fit from its plant in southern China to Canada – though there are currently no plans to bring any of those products into the U.S. That’s not necessarily surprising as that could generate a harsh response considering China this month said it plans to enact stiff no tariffs on American-made automobiles.
Honda isn’t alone. Mercedes-Benz and BMW have also announced plans to export product from China. And some of that country’s local makers are openly laying out plans for a global assault – including the battery car maker BYD, which recently opened up an office in Los Angeles.