Sahwa@reddthat.com to News@lemmy.world · 6 days agoAmericans are paying more than ever for cars. Cheap models are disappearingedition.cnn.comexternal-linkmessage-square166linkfedilinkarrow-up1501arrow-down12
arrow-up1499arrow-down1external-linkAmericans are paying more than ever for cars. Cheap models are disappearingedition.cnn.comSahwa@reddthat.com to News@lemmy.world · 6 days agomessage-square166linkfedilink
minus-squarereddig33@lemmy.worldlinkfedilinkEnglisharrow-up9arrow-down3·5 days agoBecause Chinese cars are priced at a loss to corner the market and put competition out of business. Meanwhile VW and other manufacturers make smaller more affordable cars, but they don’t sell them here.
minus-squarepachrist@lemmy.worldlinkfedilinkEnglisharrow-up6·5 days agoThat’s because the goal isn’t to sell you a car, it’s to saddle you with a $50K debt obligation they get to sell off.
minus-squarecaptainlezbian@lemmy.worldlinkfedilinkarrow-up2·5 days agoExactly. If they were incentivised to encourage the best vehicle for the customer they’d be talking most people into a subcompact or minivan
minus-squarehark@lemmy.worldlinkfedilinkarrow-up1arrow-down1·3 days agoBYD and Xiaomi profit from their EVs.
minus-squareTubularTittyFrog@lemmy.worldlinkfedilinkarrow-up1·5 days agonobody buys them. sales for such vehicles are tiny compared to larger cars. it doesn’t make sense to sell subcompact cars if you only sell 5000 of them a year.
Because Chinese cars are priced at a loss to corner the market and put competition out of business.
Meanwhile VW and other manufacturers make smaller more affordable cars, but they don’t sell them here.
That’s because the goal isn’t to sell you a car, it’s to saddle you with a $50K debt obligation they get to sell off.
Exactly. If they were incentivised to encourage the best vehicle for the customer they’d be talking most people into a subcompact or minivan
BYD and Xiaomi profit from their EVs.
nobody buys them. sales for such vehicles are tiny compared to larger cars.
it doesn’t make sense to sell subcompact cars if you only sell 5000 of them a year.