What if the next big threat to North American auto retail does not enter through the U.S. at all?
BYD is openly exploring Canada for a wholly owned factory and says it is also willing to acquire a struggling automaker. That is not a soft launch. That is a statement.
The company does not want a joint venture. It wants control. Makes sense for a brand that builds its own batteries, motors, semiconductors, and pretty much everything short of the tires.
For dealers, this is the bigger takeaway: global competition is not slowing down because legacy brands are uncomfortable. It is speeding up while many are still explaining last quarter.
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