US carmakers spooked by Chinese rivals gaining foothold in America

President Donald Trump spooked the US automobile industry last month when he told business leaders during a visit to Detroit that he would “love” if Chinese carmakers built plants in the US, creating jobs and hiring “your friends and your neighbours”. His comments, coupled with hints by Geely that it could enter the US market within the next three years, have put American auto executives on edge over the possibility that the world’s second-largest car market could soon have cut-throat competition with Chinese rivals that has swept across Europe, south-east…