Althought this is true, it is also true the industry has shifted to models of cars with higher profit margins, mainly SUVs and light trucks, which follow a loophole claiming they aren’t “passenger vehicles”.
The CAFE fleet loophole, yeah. It’s less of a loophole at this point, more of an 8-lane interstate bypass. Cars have always been expensive items that not everyone can afford but you’re right, the margins between wages and car costs are wider today.
Not only that but its also what you get in a car these days. 50 years ago you had pretty much a drive train, seats, and radios. Now even base models come with touch screens, sensors, cameras, automatic doors etc. Some of which are nice features sure, but they still come at an additional cost.
Althought this is true, it is also true the industry has shifted to models of cars with higher profit margins, mainly SUVs and light trucks, which follow a loophole claiming they aren’t “passenger vehicles”.
The CAFE fleet loophole, yeah. It’s less of a loophole at this point, more of an 8-lane interstate bypass. Cars have always been expensive items that not everyone can afford but you’re right, the margins between wages and car costs are wider today.
Not only that but its also what you get in a car these days. 50 years ago you had pretty much a drive train, seats, and radios. Now even base models come with touch screens, sensors, cameras, automatic doors etc. Some of which are nice features sure, but they still come at an additional cost.