Use the information below to answer the question.
A Chinese automobile manufacturer announces new models. The new vehicles are expected to go on sale next fall in Europe and North America.
Which factor explains how this development is likely to affect U.S. automobile markets?
A.Improvements in technology will enhance reliability.
B.Expanded consumer choice will drive down prices.
C.More intense competition will reduce the quality of goods.
D.Increased demand for a product will cause prices to rise.