Should be interesting to see what happens when Unifor (the autoworkers' union in Canada) is met by the Chinese dictatorship. Unifor could ask the Uighurs about that.
For about a year CTH has predicted Chinese auto manufacturers BYD and GEELY would take over shuttered auto plants in Canada. Specifically, six months ago, against the backdrop warning of Stellantis, Toyota and Honda telling the Canadian government that without the USMCA they would shift auto production to the USA, CTH predicted BYD and GEELY would make moves on those closed facilities....
... Today Bloomberg is reporting exactly what we predicted. Chinese automaker BYD (Build Your Dream) is asking local officials about the currently idled Stellantis auto plant. Things are following a very predictable timeline....
Trump better expedite the takeover of Canada before Red China gets it for itself.
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