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They ceded the small car market because they were getting stomped on by foreign companies. Are you even American? The Toyota Camry, which is a relatively cheap
by endisneigh 4y ago
They ceded the small car market because they were getting stomped on by foreign companies. Are you even American? The Toyota Camry, which is a relatively cheap car, is still #5 in top selling vehicles. If you remove trucks, it's #2.
When was the last time an American car (not truck), with an MSRP less than 30K has been in the top 5 selling vehicles? Americans can't compete on price, and so they stopped trying.
- piva00 4y ago> Americans can't compete on price, and so they stopped trying. I think Americans could probably but most American companies are just finance companies with some product attached to it. Trucks, for example, have been pushed by American car companies because they can skirt emissions laws through more lax regulations, instead of trying to build a proper less polluting car under these regulations these companies prefer to skirt them, convince consumers through deceptive marketing that "trucks are safer for your family"-type of shenanigans to make a quick buck rather than compete. It's sad to see it happening, instead of "innovation" American companies prefer to use deception on a market because it's cheaper. It's just being cheap under the auspices of bean counters...
- taylodl 4y agoIt's not the bean counters. Beware people wielding MBAs. They will stifle all innovation and bleed a once-successful company dry. Remember, they exist to extract value for the shareholders. You can't extract forever.
- bdavbdav 4y ago[dead]