The major problem here is that China is offering prices below production costs aiming to ruin foreign competition.

Do we have any real evidence of that?

How many times do we need to bail this industry out? Detroit’s problems are entirely the fault of its own short-sighted greed. They’ve deliberately chosen not to produce affordable sedans, instead focusing only on super expensive giant luxury vehicles. This has even happened before. The exact same thing happened back in the 80s with the Japanese car companies. Toyota and Honda ate Detroit’s lunch because Detroit had become complacent and greedy.