Good for them, nobody "needs" a new car until the old one breaks or is too unsafe compared to modern safety standards. For the exact same reason, nobody really

Good for them, nobody "needs" a new car until the old one breaks or is too unsafe compared to modern safety standards. For the exact same reason, nobody really "needs" a new iPhone every year. Although I support capitalism to a large degree, this "consumerist alarm" is patently hilarious. The PE firms reading this are probably scurrying to find new ways to "engineer" cars to fail sooner and jack up the price of maintenance and spare parts. I'll wait for the spare parts "shortage" analogous to the lumber "shortage" which in reality was caused by PE firms who own large swaths of harvestable forests just deciding to not log as quickly...