China Builds More Cars Than America and Europe Combined. How Did We Let This Happen?

Last year China built 34.5 million cars and trucks. America built about 10 million. All of Europe built about 17 million. Put America and Europe together, and China still built 7 million more. In World War Two, a single Ford factory outside Detroit built a four-engine bomber every 63 minutes. In 1950, three out of every four cars on earth were made in America. This is the story of how Detroit went from the arsenal of democracy to bankruptcy court, how American and European carmakers taught China to build cars, and how a battery maker named BYD ended up outselling Tesla, with its own fleet of ships to deliver the cars. 0:00 How did we let this happen? 1:49 The arsenal 7:06 The golden age 9:38 The cracks 12:45 Bankrupt 15:42 The students 18:45 The lines cross 22:58 The waste 26:51 Standoff