And that pesky part where higher wages in lower and middle income leads to more consumption and therefore more opportunity for profit. It’s hard to have a consumer driven economy when the consumers can’t afford to consume anything.
And that pesky part where higher wages in lower and middle income leads to more consumption and therefore more opportunity for profit. It’s hard to have a consumer driven economy when the consumers can’t afford to consume anything.
Transaction prices are probably rising because the only people buying cars are wealthier people, hence, more expensive cars - last time I looked at the data, a lot of car categories are holding fairly steady on pricing, except for the better selling segments, like CUVs and SUVs.
Yep, true. I’m imagining some 75-year-old guy saying “I only drive a standard!” while he grinds his way across I-70 in Colorado towing a $300k trailer with granite countertops.
With the cream/silver color combo no amount of ‘manual trans’ or ‘laramie’ trim package can overcome the ugliness...
I might be being a bit snarky but saying “1 Ton Luxury Truck” is a completely redundant phrase these days. Besides a true fleet truck is it even possible to buy a truck that is not an overpriced luxury barge?
They want buyers, so it’ll have zero manual transmission options.
I didn’t/don’t need any convincing to buy a new CTS-V....My boss needs convincing to pay me enough money to afford a new CTS-V
This is why USA always had high corporate taxes. It created an incentive to spend that money internally, to look less profitable. But the last 40 years of tax cuts and pro-monopoly rules has completely eroded that incentive to invest in workers, in a nation that relies on worker benefits.
As someone who drives ~40 miles a day, can confirm
Neutral: The US just broke the record for dividend payouts and yet still can’t seem to keep afloat without cutting their workforce. Automation and Electrification are easy scapegoats, but the reality is corporate America’s priorities don’t lie with the company itself, but with shortsighted profits for their investors.
To be fair, most humans seem baffled by the existence of the turn signal and don’t understand what it does.
what are you talking about? We were losing byllyns of dollars, but now that Gyna is paying all the tariffs we’re winning again!
Yup. What is worse is that Trump and FOX News will blame all of the auto layoffs on the Democrats. The GOP voters will believe it too. Even if its a complete lie (like saying the trade war is the fault of the Democrats), they will find a way to shift the blame and ignore the hours of video showing it was all Trump’s…
And yet these idiots will still vote for Trump again, because nobody appears to understand what tariffs are...
Still doesn’t make it any less ugly.
I rather pay $10,000 more for that +5hp I’m going to for sure need as i leave the parking lot of my middle management job and have to pick up a gallon of paint for the missus!
The Silverado is objectively horrible looking. That is all.
2020*
My neighbor got a blue Silverado recently. My wife tells me, “Did you see that nice looking truck our neighbor just got?”
Which is exactly how I want to die.