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And they all sell less cars than on the 70's too. But their profits still stay relatively high and revenue is steadily rising. That doesn't tell me we got effi
by johnnyanmac 2mo ago
And they all sell less cars than on the 70's too. But their profits still stay relatively high and revenue is steadily rising.
That doesn't tell me we got efficiency gains, they just shifted models on how and what to make. And where they make it. If we had true efficiency gains there'd be more cars sold, perhaps at cheaper prices.
- missedthecue 2mo agoThe big 3 produced 6.47 million passenger cars in 1970. The big 3 produced 15.66 million passenger cars in 2025.
- Apocryphon 2mo agoOne would think the true efficiency gains are better quality cars that last longer and require less replacement