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I am old enough to remember the OPEC oil crisis of the 1970s when Cadillacs and Oldsmobiles getting 10-12 mpg were surprisingly, shockingly, suddenly unpopular
by PeterCorless 3y ago
I am old enough to remember the OPEC oil crisis of the 1970s when Cadillacs and Oldsmobiles getting 10-12 mpg were surprisingly, shockingly, suddenly unpopular when you could get a Toyota or a Honda that gave you 30+ mpg. In 1975, a new Cadillac El Dorado would cost >$10,000. A basic Corolla would run around $2,700.
No amount of "Buy American" could hold back the tide.
Detroit keeps rug pulling themselves, decade after decade.
But "roll coal," amirite?
- sofixa 3y agoTo be fair, one of the big 3 in Detroit is a European company (Stellantis, the result of the merger of Fiat-Chrysler and Peugeot, Citroen, Opel) so "buy American" hardly applies to them - a Toyota manufactured in Texas is just as American as a Ram manufactured in Detroit.