/biz/ - Business & Finance

the era of the car is OVER Anonymous Fri Sep 23 16:25:54 2022 No.51593283 [View]
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>auto manufacturers already lose money on cash price of cars, only make money when someone takes out a loan
>interest rates go up, noone can afford the loans
>inflation
>cars have to be priced at real market value which is +100% on current prices
>auto manufacturers go bankrupt (again)

the era of the car is OVER and it will be GLORIOUS when a fiat pinto is 70k
there is also NOTHING that can save the industry, other than lobbying the government for bailouts
the car is inherently the most expensive and inefficient way to travel
i repeat: there is NOTHING they can do to save the car

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