The fact is that China is going to fill that cheap car gap and is going to lead to a furious response, but that won't include US carmakers actually competing, as Dan Gillmor says: https://news.ycombinator.com/item?id=39736429

Yes, the Seagull is causing a bit of a flap in the US and Europe. And it's only the leader of the flock.

Yet another case of disruption from below.

Good point, also China is planning to fill in that void but it's guaranteed to face resistance: https://news.ycombinator.com/item?id=39736429