For much of this year, we've been covering the rise of the Chinese auto industry as primarily a problem for the European auto industry. Every car company has lost sales in their biggest market as the local competition got better and better, but Volkswagen and others have to do battle with BYD, MG and the rest on their own turf. Tariffs here in the U.S. have kept that problem away from our shores. But car companies are global operators, and if you want an example of how intense this challenge is, look no further than General Motors.
