"The US market is the market to be in for American producers or foreign producers."
That is true today, but China is growing at more than double our rate, has been doing so for more than a decade now and that is expected to continue for the foreseeable future. One of the big carmakers, GM I think, expects the Chinese auto market to be larger than ours by 2020.
That should come as no surprise, considering that China's population is about four times larger than ours.
Here's a bizarre statistic for you . . . there are more people in China who speak English as a second language than there are native English speakers in the United States!
Are you suggesting that American made cars will fill China's demand? Or, is it more reasonable to assume that China will force car makers to relocate to China?
Sure.
At 30 cents/hour, a $8500.00 car only takes, ah, lemmeeesee heah, 28,333 hours--about 10 years' work--to pay off (excluding interest.)
That also excludes housing, food, clothing---JUST the car.
What GM is actually predicting is that the US market for GM cars will be gone by 2020. Thus, the Chinese market HAS to be bigger.