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by olivermarks
2761 days ago
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Historically (50's thru early 70's) Americans considered v8 full size cars and wagons the only way to travel the multi thousand mile trips common on the continent. Japanese cars changed all that and their smaller form factor became the norm. Mid sized pickups (Chevy LUV) were unseated by Toyota and other brands and replaced station wagons. SUV and minivans became the norm for families.
The high end luxury touring/prestige market remains pretty strong - european brands (even if actually owned by Indians) continue to attract demand.
Sedans have increasingly been two door performance vehicles (Challenger, Mustang, Camaro) effectively being full sized sports cars. Only vehicles like the Accord, Camry etc are sold as family vehicles.
The exception is hybrids, which IMO are the way forward, replacing the hum drum commuter and family multi use saloons with much greater fuel efficiency.
There's a tiny niche market for heavily government subsidized and mostly luxury and status signaling EV's, and this market will almost certainly expand with intense political pressure and Chinese dominance.
The challenge is that for decades US unions have protected the jobs around the vast transportation economic ecosphere - parts, infrastructure, design, build. This is all arguably being ceded to Asia with the oligarch pied piper Elon Musk selling the Western dream of cheap ultimately autonomous 'green' transportation.
What's missing from the Bloomberg article is that Ford Fusion and Focus are on global platforms and remain very strong in europe and elsewhere. |
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