Here's why American carmakers can't make cheap cars

Automakers pulled in record profits in 2023, but investments in EV batteries, software and other technology makes it hard to produce cheap cars.

Why American automakers can't make cheap cars ... Cars once represented a pillar of the American dream — mobility and independence. But they've ...

Cars once promised independence for all Americans. Now, they are a luxury product that cost about $50000, rising 30% in just a few years.

US consumers do not purchase small, cheap cars in enough quantity that automakers can make a profit on. Upvote 156. Downvote Reply reply

Cars once promised independence for all Americans. Now, they are a luxury product that cost about $50000, rising 30% in just a few years.

"Quantum change" -- not evolutionary change -- is what's required for legacy automakers to build affordable cars, especially ones ...

It's not because they don't, or won't, or can't make them, it's because every time they do try to bring a car like that to the US market, nobody ...

Also, American car makers have always been slow on the development cycle. Germans and Japanese and Koreans move far faster. And the Chinese even ...

Despite record profits in 2023, automakers face challenges: the need to invest billions into software and electrification as well as a global ...

It's not because they don't, or won't, or can't make them, it's because every time they do try to bring a car like that to the US market, nobody ...

... on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on ... Title card - Why American automakers can't make cheap cars 1:05 ...

Cars once represented a pillar of the American dream — mobility and independence. But they've become something of a luxury product, ...

Cheap materials, cheap to make, cheap engineering. The only car company in history to have upper and lower, front and rear control arm failure, ...

Why American automakers can't make cheap cars: https://t.co/XlIijc6qnM.

“The reason,” he says, is that car shoppers are “looking for an affordable entry point, and the regions are seeing the value in that.” Toyota ...

Cory Dunkle Guest · 1) The rattles and shakes. Even little bump I encounter, I get these · 2) Cheeziest interiors. American Cars have the worst ...

I understand that the point is to discount vehicles that could be 100% made here yet sell only 10 units. But in reality, there are much better ...

... carmakers in the face of cheaper cars from China. Volkswagen broke ... Down here you get a 5000 euro subsidy for an electric car. So I ...

Another reason is, the industrials of us auto makers are expecting the turn over of each vehicle on the market to be 4 to 5 years max other than ...

Here's why American carmakers can't make cheap cars https://t.co/ecMyhEUsUc.