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Safety regulations are not why cars cost 3x more than 10 years ago. Emission standards have some impact, but the biggest cause is bog standard inflation and cor
by feoren 1y ago
Safety regulations are not why cars cost 3x more than 10 years ago. Emission standards have some impact, but the biggest cause is bog standard inflation and corporate greed.
- loeber 1y ago"Corporate greed" -- most car manufacturers have 3-10% gross margins. Not exactly the big profiteers.
- witrak 1y ago>most car manufacturers have 3-10% gross margins. I remember some analysis saying that it is true for classic versions like sedan. But on SUVs it is a couple of times bigger...
- StopDisinfo910 1y agoEuropean manufacturers all decided to focus on higher costs vehicles after Covid-19 because margins are slightly higher and they make more on the financing. They have intentionally deserted the entry market. Now, sales numbers are starting to plummet so I fully expect to see them blame everything from regulators to China unfair exports rather than admit it’s just a normal consequence of their own strategy. Add to that that most of them have intentionally not taken the shift towards electric and away from diesel that the regulation forced on them, you get a pretty bleak picture. But, on that point, it seems that Germany will as usual cave in and drag the whole EU down with them so they might have been right.
- whatevaa 1y agoEmission equipment has huge impact on cheaper vechiles, as it is expensive and costs similary whether it is is cheap or expensive model. DPF in particular.