GM’s biggest sales increases are with Cadillac EVs last year.
Detroit followed the Tesla model, with the highest profit margins in the industry because their CEO convinced simps EVs should be expensive. So they jumped in early with poorly designed and expensive vehicles, thinking Tesla stans were everywhere.
There was a time, worldwide, if you just wanted a reliable and low cost sedan, you bought a Ford or Chevy, and they sold millions. But round 2016, Detroit lost interest in lower cost vehicles, and by 2020, they got addicted to price gouging cheap vehicles to make them expensive, and why not, people were paying $70,000+ for a Jeep and just taking it up the ass.
Given Detroit abandoned that part of the market, they shouldn’t care if Chinese EVs arrive, right? Because their $60,000 EVs are a better product, right?
GM’s biggest sales increases are with Cadillac EVs last year.
Detroit followed the Tesla model, with the highest profit margins in the industry because their CEO convinced simps EVs should be expensive. So they jumped in early with poorly designed and expensive vehicles, thinking Tesla stans were everywhere.
There was a time, worldwide, if you just wanted a reliable and low cost sedan, you bought a Ford or Chevy, and they sold millions. But round 2016, Detroit lost interest in lower cost vehicles, and by 2020, they got addicted to price gouging cheap vehicles to make them expensive, and why not, people were paying $70,000+ for a Jeep and just taking it up the ass.
Given Detroit abandoned that part of the market, they shouldn’t care if Chinese EVs arrive, right? Because their $60,000 EVs are a better product, right?