Comment by riffraff
6 hours ago
I remember when Japan was supposed to take over the world in the '80s, to the point that "back to the future 2" had Americans speaking Japanese to their managers.
Toyota did become the dominant producer, but American and European car makers (and now Koreans and Chinese) are still around. I wouldn't bet on total domination from China anytime soon.
Well, China is not accepting/going through a Plaza Accord kind of an agreement. So history might not replay itself this time.
And funny thing, all three countries car industries were started by the USA.