We're looking at a repeat of the era when Japanese cars hit the market back in the 1960s. (Or Korean companies in the 80s) Over the course of some years, we'll find which Chinese brands are good, and which brands are not so good.

Some of our local brands will merge and/or disappear, as they get squeezed out.

It'll be pretty much the 'Get a new one, throw away an old one' meme for a roughly constant number of car companies.