this post was submitted on 10 Dec 2023
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[–] [email protected] 96 points 11 months ago* (last edited 11 months ago) (45 children)

There‘s a word for that „Greedflation.“ This is what western car makers do. Luckily, the Cinese car makers grasp their chance and disrupt the market

[–] [email protected] 13 points 11 months ago (21 children)

Chinese manufacturers are being heavily subsidised and even making a loss on their cars.

They're trying to kill off our domestic car industries.

[–] [email protected] 39 points 11 months ago (10 children)

No reason why western countries also can't subsidize EV car companies to remain competitive.

Like...what are we supposed to do? Be content with ridiculously priced EVs and be willing to pay a small fortune for them? Fuck off with that noise.

Western corporations have had no problems fucking over the average consumer for decades or laying off thousands of employees at the first sign of trouble. Let them adapt or die I say. Competition is always good. Western corporations have the smarts and the resources to compete, they just need to be forced to.

[–] [email protected] 19 points 11 months ago* (last edited 11 months ago) (2 children)

Controversial take: the problem isn't car prices. They haven't increased that much when compared to inflation, and you're getting far more and far better cars for your money when adjusted for inflation.

The problem is wages haven't risen and housing prices have risen too much, meaning people have less to spend on a car.

E: I googled. In the US the cost of a median house was 18k in 1953. An average car cost 3.5k.

Now, the median house costs 400k.

400k/18k x 3.5k = If car prices had risen as much as house prices, the median car would cost 77k.

[–] [email protected] 11 points 11 months ago

Not a controversial take at all IMHO. You're not wrong. Housing is absolutely ridiculous right now.

[–] [email protected] 3 points 11 months ago (1 children)

and you're getting far more and far better cars for your money when adjusted for inflation.

Better at getting me from A to B?

[–] [email protected] 5 points 11 months ago (1 children)

Yes… cars now are faster, safer, and more efficient than they were in the 50s.

Even if you discount all the “features” they’ve added the bare necessities of a car are tons better than mid-20th century cars or even late 20th century cars

[–] [email protected] 2 points 11 months ago

Well, most of it are now needlessly oversized, diminishing the better efficiency.

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