Three-Quarters of US Auto Execs Think Chinese Cars Will Be Sold Here

Written by:
Byron Hurd
May 13, 2025

America's automotive bosses may have diverse opinions on how to sell cars, but most of them agree on one thing: China is coming.

The automotive manufacturing landscape has shifted rapidly over the past decade. However, even those who predicted the rise of Tesla and the shift toward electrification likely didn’t envision a future where America would be staring down an inevitable shift to Chinese electric cars. According to a recent survey of more than 100 U.S. automotive executives, it’s not a matter of whether Chinese automakers will enter the U.S. market but when.

We’re not talking about a slim margin of worrywarts, here, either. Of the bosses who responded to Kerrigan Advisors’ 2025 OEM Survey, more than three-fourths (76 percent) said they believed Chinese cars would eventually enter the U.S. market. And separately, 70 percent of respondents said they were concerned about the financial impact of China’s growing dominance in the global automotive market.

Reading between the lines, six percent of respondents believe China’s automotive invasion is inevitable, but don’t find it financially concerning—or perhaps, more realistically, five percent plus Elon Musk.

It’s worth noting that the survey did not elaborate on its definition of “executive,” though it makes clear that the pool surveyed works directly with OEM, meaning automakers and not other areas of the automotive industry. Whether these are medium-level “account executives” or C-Suite decision-makers. Either way, the sentiment on Chinese cars arriving in the U.S. seems to be shared across the board.

It’s also important to note that Kerrigan Advisors conducted this survey before the administration announced its tariff plans—the first time, presumably—but automakers have shown reluctance to make any significant moves based on the president’s threatened levies, even against close trade allies. At most, importers are pressing “pause” on some of their U.S. programs. After all, the typical development cycle for a car is longer than a single presidential term.

So while the next four years may prove hostile enough to EVs and other automotive ventures to help stave off immediate pressure to import cheaper Chinese electric cars, it’s being accelerated elsewhere in the world. Governments that might otherwise engage in a hard-line protectionist stance against Chinese manufacturing have been caving one by one in the face of rising consumer costs and the simple fact that China has committed itself to being the most prolific manufacturer of EVs on the planet. Simply put, it’s working, and everybody has noticed.

About Kerrigan Advisors

Kerrigan Advisors is the leading sell-side advisor and thought partner to auto dealers nationwide. Since its founding in 2014, the firm has led the industry with the sale of more than 290 dealerships generating more than $9 billion in client proceeds, including two of the largest transactions in auto retail history – the sale of Jim Koons Automotive Companies to Asbury Automotive Group and Leith Automotive to Holman. The firm advises the industry’s leading dealership groups, enhancing value through the lifecycle of growing, operating and, when the time is right, selling their businesses. Led by a team of veteran industry experts with backgrounds in investment banking, private equity, accounting, finance and real estate, Kerrigan Advisors is the only firm in auto retail exclusively dedicated to sell-side advisory, providing its clients the assurance of a conflict-free approach.

Kerrigan Advisors monitors conditions in the buy/sell market and publishes an in-depth analysis each quarter in The Blue Sky Report®, the industry authority on dealership buy/sell market trends and valuations and includes Kerrigan Advisors’ signature blue sky charts, multiples and analysis for each franchise in the luxury and non-luxury segments. To download a preview of the report, click here. The firm also releases The Kerrigan Index™ comprised of the seven publicly traded auto retail companies with operations focused on the US market. The Kerrigan Auto Retail Index is designed to track dealership valuation trends, while also providing key insights into factors influencing auto retail. To access The Kerrigan Index™, click here. To read the 2024 Kerrigan Dealer Survey, click here. To read the 2024 Kerrigan OEM Survey, click here. Kerrigan Advisors also is the co-author of NADA’s Guide to Buying and Selling a Dealership.

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