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>What cause the jobs in Detroit to be outsourced? Higher profit margins at the cost of lower quality and enabled with NAFTA. In the 90s until the mid 2000s, US
by Clubber 5y ago
>What cause the jobs in Detroit to be outsourced?
Higher profit margins at the cost of lower quality and enabled with NAFTA. In the 90s until the mid 2000s, US cars were mostly top notch, now they're not that great.
You can read what the market thinks of the quality of a vehicle by its resale price relative to its new price. Used Honda and Toyotas are pretty close to a new price. Chryslers, not so much. This isn't exclusively a US problem though. You can get a used BMW or Mercedes for cheap, but you probably shouldn't if you want to keep it for a while and not spend a lot of money. Back in the 90s, you could expect to get 10 years out of a vehicle relatively hassle free, now it's about 3. YMMV.