cross-posted from: https://lemmy.ml/post/15089465
Americans Are Open To Cheap Chinese Cars. That’s ‘Scary’ For The Rest Of The Auto Industry
cross-posted from: https://lemmy.ml/post/15089465
Americans Are Open To Cheap Chinese Cars. That’s ‘Scary’ For The Rest Of The Auto Industry
The average car sale price in the US is almost $50K.
US automakers have decided to relegate a large chunk of the population to the used market while also ensuring with all the electric extra bits that the used market will be entirely unreliable in 10 years.
Just something to note: used car sales have had significantly more volume than new car sales for at least 30 years (possibly longer) so that particular point isn’t as relevant to the new car pricing.