WARNING the Auto Industry is on the Verge of a MAJOR Crisis!

[@tulmenkov]

Dealerships are stacked to the brim here. No one is buying overpriced new cars.

[@WhittyPics]

I contacted a couple. They aren't willing to budge off MSRP either.

[@wymy1412]

Because they’re overpriced…… way overpriced. Hold the line people. Interesting times ahead.

[@kenm.7651]

Same in my area….I haven’t noticed anything moving off the lots.

[@no_country_for_real_men]

Yes they are. There is no shortage of idiots here. The price is set by what people are willing to pay and they pay whatever they are told because americans have no spine to sacrifice. They want it ALL right NOW

[@stellingfan]

In my area, a suburb of Indianapolis there is practically no selection of new Toyotas available except for pick ups and it’s been this way for a long while. I see the comments of overstock on lots but with Toyota and Honda in my area this just isn’t correct

[@billeidaho871]

The dealers are reaping what they sewed during the pandemic, they took advantage of customers and showed the manufacturers how much they could fleece the American consumer so the manufacturers raised their MSRPs accordingly to get in on the rip-off, they deserve everything they are getting now, LET THEM GO OUT OF BUSINESS!

[@ImLivinSD]

@billeidaho871 Agreed 100% they should all go under for screwing people over.

[@dougm659]

Totally agree! It’s sowed btw 😂

[@davidwright873]

agreed....

[@no_country_for_real_men]

I second that motion 💪

[@sP-zd4jx]

@@dougm659Thank you !

[@oligarchy-usa]

I can't come up with a single new smaller-sized vehicle sold in the USA today that is something I would want to purchase or own (not a fan of driving/owning larger vehicles). Pretty sad. It's all stupidly tech bloated garbage with regulation-friendly yet consumer/owner unfriendly (unreliable) systems (turbos, 100% GDI, cylinder-deactivation, start/stop, belt/chain CVTs etc.), & mostly with poor/stupid styling & ridiculous pricing as an added bonus. No thanks.

[@JanKowalski-vj9py]

True. No possibility to indicate cars clients want to purchase. Volkswagen doesn't have such a car and won't have it for manageable future.

[@no_country_for_real_men]

I could not have said it any better. 👍 They stopped putting things of real value like a CD player and replaced with spy op garbage disguised as "safety" features. It would LITERALLY shock you if you only knew just how many idiot americans believe the spy ops are "safety" features. I use to laugh about it but their stupidity is so far beyond the definition of stupidity that it's scary these people are allowed to be among us.

[@thehighllama8101]

And good luck finding competent, qualified technicians to work on all that new, unreliable technology. From what I've seen on KZbin at least, the auto service industry is having problems of its own finding and retaining qualified mechanics. Plus, manufacturers do not fairly compensate dealers to do warranty work, so a mechanic is not going to be too thrilled with having to spend 12 hours replacing an internal water pump on your Ford, but only being paid for 6 or 8 hours per Ford company policy.

[@EndOfThings77]

I am putting a moratorium on my vehicle purchase for the next 5 years.

[@no_country_for_real_men]

@@oligarchy-usa coward google censoring and discriminating again

[@normanstewart7130]

There's too much software already in cars.

[@JanKowalski-vj9py]

Some functionalities in car won't work without electronics.

[@no_country_for_real_men]

Yes that's an understatement

[@erty7012]

Even if all car makers merged together as one, nobody wants to be forced to buy an EV.

[@no_country_for_real_men]

and when the grid goes down and it WILL then people will be stuck making payments on a car they can't drive. As a side note : I do NOT find it coincidental that Elon Musk moved to texas the very state where they intentionally created the grid crisis and shutdown and inflated the cost and then the cowards that run texas charged the taxpayers the fines that the utility companies were supposed to pay and not a single politician held the utility companies nor ERCOT accountable for defrauding the taxpayers and to add insult to injury our republican controlled state were in bed with Oncor and ERCOT. The only people that will be offended by this verified fact are republicans because everyone knows texas is about as corrupt red as it gets.

[@jerrypolverino6025]

Love my Tesla. Best car I ever owned. I charge my car with solar panels for free. Haven’t been in a gas station for six months.

[@DanGilliland-pi4vh]

I fully agree Nobody wants to be forced to buy an e.v. and the i.c.e vehicles today are absolute garbage and grossly overpriced. Much cheaper to maintain what you have.

[@leerjet18]

Correct, they buy them voluntarily, and in record numbers. Ice is doomed.

[@xploration1437]

Let’s go Tesla!

[@FireRescue884]

I blew the engine in my 2001 Chevy blazer at a little under 300 thousand miles. Not knowing that the dealers are plum out of their minds, I went to get a new truck and Long story short I went back home without one. My Blazer now has a new engine, trans, transfer case etc…… etc….. carpet, seats, headliner etc…….. etc……. Totally rebuilt. What a shame, I bought it brand new so you can imagine I was excited to get a new one, but the thought of being that upside down ruined the excitement real fast😂 So after what the dealers have done, I hope they all flounder, I got my new truck for under 12 grand.

[@northdakotaham1752]

Nice job there!....Enjoy that "new"..old Blazer. Here's thing...I drive Fords and Ford doesn't make anything I like anymore other than an F150 with a V8. Don't need a Superduty. Ford only makes crappy small displacement engines with turbo chargers. I don't need a turbo as it's not necessary. So fixing the "old" one becomes not only the choice because of cost...but it's the choice because the vehicle I need isn't built anymore and probably never will be. Old school SUV...Explorer with V8. Last year of production: 2010.

[@FireRescue884]

@ I did look at used thinking, but we both know how that ended😂 And finding a good used vehicle up in cold country is impossible because the frames are all rotted out from the salt. Now with the flooding recently, who knows if I would have ended up with that nightmare. Keep your eyes open, and hopefully after the election depending, things will get back on track. But I’d bet it will never go back to what we call somewhat affordable. But it feels good to not wonder if today was gonna be my Blazers last ride.

[@desobrien3827]

A smart move, great satisfaction and no hi tech crap to invade your privacy or break...good for the economy (yours & more)! I have been doing the same with all of my 1999-2003 vehicles. I love them, why change and such pleasure...they drive like new or better by fixing up the manufacturers errors.

[@northdakotaham1752]

@@FireRescue884 I couldn't find anything that wasn't rusted out where I live so buy vehicles from Arizona.

[@FireRescue884]

@ Here in upstate New York, we have half cars going down the roadway😂 we literally drive them till the wheels fall off ! I have found that 90% of those are Chevy, I’ve been hardcore Chevy all my life so it pains me to admit that. My frame is rusted too, but before every winter I get two cans of WD-40 and I spray the crap out of everything underneath. Underquoting I find just hides the rust so when I finally see it it’s too late. I have an Impala with 230 thousand on it and the frame is in pristine condition, but I’m slowly losing the doors rockers and fenders😂 it’s gonna be seats and a steering wheel soon. Seems every brand has dropped the ball somewhere. So you can imagine why I was excited to finally get a new vehicle.

[@MR3DDev]

Governments: we must all drive EVs People: that will destroy the auto industry Governments: so be it, its for climate People: ok cool these Chinese EVs are very affordable Governments: NO, that will destroy the auto industry

[@lot2196]

I've been posting the same thing on every auto channel I visit. Proof climate change isn't important as the green leftist scream it is.

[@KevinUrban-u1z]

You are 100% correct and how is the grid going to support all these vehicles? Simple. 0 carbon by 2050. You my friend are the carbon. Toto we are not in Kansas anymore.

[@nobodyspecial9262]

The prices of new vehicles are just TOO HIGH and come with way to much built in BS items never used or wanted. I will continue to drive our 2006 F250 XLT until the wheels fall off, then, I will just replace the wheels and drive on.

[@davidgrisco1939]

Unfortunately, much of that additional tech like pedestrian braking is mandated by govt.

[@desobrien3827]

@@davidgrisco1939 Therefore justifying "nobodyspecial9262" comments!

[@cbmech2563]

​@@davidgrisco1939the death knell words, "government mandate".

[@williamwelling4872]

The car industry should start with the ceos by reducing there wags but as we all know they always get a raise and the workers get the door out

[@seymorefact4333]

LAYOFFS, GETTING BAILOUTS...thats when they get HUGE CEO BONUSES~!

[@McClarinJ]

Tesla's Elon Musk is the exception. He only gets paid if the company reaches certain production, profit, and market-cap goals.

[@seymorefact4333]

@@McClarinJ Lets get rid of tax payers funded ev credits! and subsidizes for Tesla, Starlink, etc. .NO MORE WELFARE FOR ELON!

[@no_country_for_real_men]

yup the white collar get the green paper and the blue collar get the pink paper

[@richardwalter9055]

You Rock Lauren! If only the manufacturers could build what people can afford, they are forced by regulations and FORCED SWALLOW MANDATES to build what PEOPLE CAN"T AFFORD and DO NOT WANT. How about simple and practical transportation. How do you work on these cars and trucks when out of warranty. Throw them out?

[@SweetNeoCon407]

Car makers hiked prices way too much over the pandemic years. Dealers made things worse by adding BS fees and markups. Now both are paying the price. Not at the executive level of course, just the guy doing the actual work that will have to pay for those decisions.

[@youtubecarspottersguide1]

over priced cars base prices 2025 ford expedition tremor= $84k, toyota Tacoma TRD PRO = $63 K both are fully loaded luxury cars

[@seymorefact4333]

⚠😭...don't worry. MORE BAILOUTS from US taxpayers will come! T0 BIG TO FAIL will cost taxpayers trillions in taxes and crappy expensive cars! Bush, Obama let GM (govt motors) used its 2nd bailout (aka TARP) to pay for the 1st bailout! ALL ON THE TAXPAYERS DIME! GM NEVER actually paid back taxpayers! the bailout created a moral hazard, where companies take bigger risks because A bailout is available from US...THE TAXPAYERS!

[@CarCoachReports]

Yes, that is crazy!

[@brankojerbic6040]

The demand for cars is simply not there. I think inflation is too high and average salaries way behind. The worst part is governments and manufacturers telling us what we should buy...

[@phelmersaid701]

Wages are plenty high. Automakers greed has gotten them in trouble.

[@charlesharnois3684]

the average person is more worried about keeping a roof over their head, food on the table etc. not important to buy a 50 to 60 thou. Vehicle! let the manufacturer choke on their inventory! all dealers in my area are loaded with inventory!

[@jen7025]

Thqnk you for this important info Lauren

[@daryl9799]

There gonna be lots of deals on cars coming 😊

[@wross5961]

Dunno about you but I want my cars reliable and simple as in fill up in 5 minutes.

[@davidgrisco1939]

Our 2003 Chevy Truck has 337k miles and just suffered suspension rust cracks. I paid $1.4k for frame welding repairs. Runs great and quiet again. I'll wait to get a diesel Tahoe after pricing drops.

[@DashiellParr411]

I simply recommend the auto industry listen to Customers, not governments! The government can mandate rules, they can’t mandate people to purchase.

[@northdakotaham1752]

They can't afford to not listen to the government. The government will shut them down if they don't follow the rules. The government needs to change before the auto industry can change.

[@johnwakefield9378]

Especially idiot lawyer libs without a clue about business or money as they wreak rivh and dumb.

[@jwester7009]

The reason VW is closing factories is also because of the EV mandate in EU. By punishing carmakers economically for every car produced that is not an EV makes it impossible to keep prices down since the demand for EV's is not there either. This and a number of other factors makes Europe vulnerable and could end up in a recession in the coming years

[@danielmiedema5836]

With all the price adjustments they had to pay, insurance increases for electric cars and wrecking cars on purpose to collect on the insurance it's a wonder how people can afford cars

[@christophercharles3169]

Destroying our auto industry for very little gain, if any. Virtue signaling is proving to be rather expensive.

[@Kevin-mk6jo]

Let all them dealers keep the cars, same with factories. The payback.... is sweet. Enjoy unemployment.

[@michaelmcfeely6588]

No bailouts for the auto industry. No bailouts for the unions. No bailouts, period.

[@RolandAdams-h4m]

If Trump wins, then EVs will have to win on their own merits 🙂 No more subsidies or forced quotas.

[@bobsclassiccarsparts8772]

Lauren you got em stirred up with this report. Very interesting comments. The industry is a mess right now & for the foreseeable future in my opinion. I do a lot of work for new car dealers in my area. These new vehicles are nice & fancy no doubt, but the prices people pay for these things are mind boggling. I own a 14 Hemi Ram, 00 Dakota my daily, 01 S10 shop truck, 04 Sable & my toy a hot rod 91 Mustang convertible with a crate motor. I’d rather work on the classics, but the dealership work is steady reliable income. I’d love a new pickup with all the bells & whistles, but I can’t bring myself to pay $65 K.

[@WhittyPics]

This EV LUNACY isn't going to help

[@dougm659]

EV’s are the future…deal with it. Who doesn’t want a car that is incredibly fast, needs no maintenance, can be charged overnight (just like your phone) for very little cost and will be able to drive you home when you’re drunk as a skunk?

[@cbmech2563]

​​@@dougm65930 cents a mile road tax and electric grid failure are the future, battery fires are more toxic than gasoline fires and don't forget child miners in Africa. Do you really think wind and solar will keep up with demand. No maintenance? Only because you throw them away when they break.

[@brianklamer3328]

Could you imagine how good cars could be if the money spent for EV research and development was allocated towards engineering and manufacture of quality gasoline vehicles!

[@dougm659]

Oh, you mean continuing to refine the buggy whip? EV’s are the future of transportation, both private and commercial, you’d better get used to that fact!

[@MattG-n2z]

@@dougm659Ev’s might be your future, but they’re not for everybody.

[@perdst]

So what have they been doing with all that money then for the last 100 years?

[@woodrmp1]

@@perdst uhh lol there have been immense improvements in cars during the last 100 years.

[@jasonvors1922]

​@@dougm659 Ev's are horrible for the environment, With all the colbalt mining and other processes involved when paired with the ai boom it will destroy drinking water among other natural resources.

[@kenpeters9807]

Also, the new cars in 2025 (Im pretty sure that’s the year) will be able to be controlled by governments. As with EVs, the gps control system can be hacked (no, entered) to limit you starting your car, can shut it off, and can even put geographic limits on where you can travel. For example: a dystopian government declares no one can leave their county. Hence the geo points of your county;s boarders are inserted to disallow you to travel over those boarders. There is more. (I may not have explained this well but you get the picture. When the public learns this, used car prices will sky-rocket and new car sales will stagnate.

[@laurencehanna4970]

It seems to be a reoccurring theme The lights in the dash board come on and sometimes gets ignored until something or someone has to be at fault Notwithstanding the duties, education, training & pay that challenges us..be that as it may researchers have already come up with a solution conducted by economists & the occupational outlook handbook becomes a safety net to those who has suffered loss.

[@fanboiforlife2873]

I appreciate your analysis. It is a little more broad and a lot more honest. Everyone loves to rail on "Chrysler". And while Chrysler is no longer one of the "big three" it is still relevant-by extension (Stellantis)

[@pioneervajo]

VW should make beetles again, the originals from the 40's with a 100hp engine in it and NO electronics I'm pretty sure they will sell millions of those 🤩

[@RolandAdams-h4m]

Yeah, let's see what the future brings. I will soon need a lightly used 450+ horsepower sedan with either I6, V6 or V8. Ideally N/A, although superchargers are fine by me. Next step would be to start lobbying to increase speed limits on highways to an area around the speed of sound.

[@southerncross3638]

We need to get rid of the EPA and get back to analog systems.

[@nicklazarakis4837]

Most 2 days cars are overpriced junk. Instead of making cars more simple, they load them with crap you dont need. And they dont last

[@yokoreia]

I have 3 cars from 1996, 2007, 2016, Audi, Subaru and Toyota, don’t need new till 2026, maybe EV SUV or Prius Prime.

[@NewYorksFinest1]

Question: what will closing the plants do to the sale of the id4s once the stop sale is lifted? Will the prices decrease?

[@johnaugsburger6192]

Thanks

[@richardweyland116]

Stellantis wants to sell cars people don't want.

[@Kwisatzhaderachgiveadogabone]

You are wrong about hybrids not being a part of the overall picture. I have 2, both get 40+ mpg. 2013 and 2019, one lithium ion, one nickel metal hydride. Neither are belt driven Cvts, Both are eCVTs, (absolute genius). 140k on the 2013, original Batteries no issues on anything on either vehicle. Full evs are beta stage of development at best. Research “exploding evs China”. I don’t expect to buy anything but hybrids for the rest of my life. (M73) I am currently researching new models (hybrid only) for purchase in the near future. The design of the eCVT was a stroke of pure genius. Well done!

[@tlhamp0]

one of them can partner with auto manufacture BYD they can assemble the cars BYD ship to them and sell it on their lots it will give BYD a foothold in the U.S. that way they don't have to come through Mexico or Canada

[@shanemitchell5807]

Strangely, Toyota is doing well...I wonder why.

[@squashua16]

No one wants and car that has so much tech that it should go the moon. We want A to B no bells and whistles that will just break.

[@lorimcquinn3966]

Hopefully people are grasping the core reason for these issues.

[@d.p.9567]

The fascist car industry can disappear into a black hole for all their transgressions against the customer.

[@davidlemay4761]

The company’s that make products for cars are also filling for bankruptcy also.

[@JENNIFERGOTTI]

Good used cars are the way to go. Jenny

[@MacTX]

I wonder how long it will be before car companies figure out that it's probably better (for the company's survival) to pull out of states that mandate EVs only instead of trying to comply. The world auto market is not just California, so the sooner these car companies figure that out, the better they'll be.

[@mauriceldisgreecanadahaspr9560]

THANKS CAR COACH 🙂😁🙂 NICE NICE LADY 😀😊😀❤❤❤❤ EDUCATION 😊😁😊 STAYED SAVE 👍👍👍❤❤❤

[@seay302]

The UAW single-handedly annihilated the U.S. Auto industry 🇺🇸

[@dougm659]

Not single-handedly…greedy and lazy management teams failed to innovate over decades, now their businesses look like dinosaurs just like their products!

[@Kevin-mk6jo]

If you can't afford a car, you better thank a union 😂..... lol they are partially to blame.

[@hawkeyetec]

Profits and sales go up and down. Unions need to model a pay/benifits plan based on reality. On a sliding scale of market and actual units purchased to a titled owner , not the dealer.

[@donmartin7460]

BS

[@hawkeyetec]

@@donmartin7460 then why is Mopar owned by an Italian company,, Why is gm building more Buicks in China . Why are all three not building the majority of vehicles in the United States of America.? I don't like it but the U.A.W. hasn't structured a pay plan that allows for economic nosedives. Hopefully we will very soon.

[@Jdjdjfhehehd]

Rights, profit margins are dropping, so all these brands are costing cutting; which means layoffs, shutting plans, cheaper made products, shitty manufacturer warranties and crappy products…well consumers will survive, and the world continues to turn on its axis. Opens the market for better brands, change in business leadership and style. These huge corporations are the dinosaurs or titanic of the time, time to sink and be gone. Like nasa, spacex proved that they could deliver a better, efficient and cost efficient product and reliable. These automakers are no different.

[@puravida5683]

The car manufacturers jumped on the government EV Scam, before car battery technology was ready, now they are paying the price! Along, with loading up basic trucks with luxury, that cost near or more than $100,000.00. I'm still driving my 2006 Toyota 4Runner V8 Sport Edition!

[@cbmech2563]

I paid 30,000$ for my 97HD diesel when I bought it new in 98 and for the day about the only thing it didn't have was leather seats.

[@McClarinJ]

"Realized the future will not be all EVs" 🤣 There is rampant denial among legacy automakers, especially in the US where EV adoption lags behind the rest of the world. Here are some recent numbers: Globally, EV sales are up +22% for Jan.-Sept. 2023 vs. 2024 and in China, they are up 35% YoY. In Norway, over 50% of the cars on the road are now EVs. In the US and Canada, there was less sales growth, only about 10%, but compound 10% and it won't be too many years before legacy ICE cars are the outliers.

[@JanKowalski-vj9py]

All increases in EV purchases are due to unnatural factors. Financial incentives of fiscal terror.

[@texasrepubliccofarm]

Something bigger is going on here. I don't understand why our manufacturers are committing suicide instead of just lowering prices. Even taking a loss and ridding itself of aging/depreciating inventory would be better than holding it because they refuse to budge on the price. You need to make profit to stay in business, but little profit/loss is better than massive loss...? Not seeing how Electric is the sole cause of these overall issues.

[@richardweyland116]

Get the govt. out of the auto industry. Trump 2024 says he will bring the auto industry back to where it was 30 years ago. Tariffs on Chinese crap EV's will kill that market which is already not doing well. No one wants them.

[@daver8253]

In the UK the government increases car tax when the cost of a new car is over £40k and the car owner will have to pay many £100s per year for many years. Meanwhile buy an ev and lose > £10k per year in depreciation, so far too costly to keep a car on the road. So what will I do, yep keep my 7 year old car and already planning to invest £3-£4k in a few years to rebuild the engine when the engine is struggling. Many people will do the same as me, dealers will go bust, manufacturers will go bust, uk government will lose so much tax due to reduced new car sales. Utter madness by everyone in the car market.

[@bruceevennett955]

Manufacturers have moved away from small cars as larger cars are more profitable but hello they are too expensive

[@mikemccormick8115]

Everyone and every company must downsize now. It’s called a depression.

[@chipbarfield62]

When Trump goes back in America's car industry will be the greatest it has been in decades and no more Green New deal BS.

[@angusnz7910]

Not entirely their fault, so much of it brought on by mandates from govt, squeeze on consumer by govt..and not by accident either. VW is part of WEF so I’m sorry if I don’t shed a tear for them, but do feel for with workers

[@wsurfer2147]

G7 cars are overpriced. $32k for a Toyota Corolla that's insane.

[@donaldcary7259]

i agree with you ma’am 💯👍there building pure Junk 😂

[@e4300]

These manufacturers keep telling you that moving a factory to Mexico will lower costs. How about stop wasteful marketing, company travel, lobbyists, huge mgmt salaries, gouging, etc.

[@hawkeyetec]

They moved and still hiked the prices!

[@brentritchie6199]

Looks like everything is going to plan

[@stevejohnson1321]

I have limited sympathy for chrysler, as jeep never was and never will be an upscale brand. Have fun dumping all those $100,000 wagoneers.

[@Larryc-op3oh]

Exactly

[@ticonow2771]

This is not news, this has been going on for a long time. I don't want to put anything down and please put my negative equaty into my next loan, nothing new here

[@charlespierce3647]

No rocket science here, average Joe/Jill can't afford a new vehicle.

[@rickreid81]

Good job UAW! You just priced yourselves out of the market! Now we will get Mexico assembled trucks.....UAW is so short sided. 👎👎

[@recyclespinning9839]

😂😂😂, blame the worker salary again 😂😂😂

[@Larryc-op3oh]

Oh Well !

[@johndunbar7504]

No problem if they respond appropriately. If they switch to producing only Hydrogen powered units, all problems will be solved.

[@midnight4109]

It seems that part of the problem is that too many car companies are struggling to satisfy too many different markets, and what choice do they have? ICE continues to be the driving force with the EV market an important part of the future. Hybrids represent a short- term solution for many. I wonder who will survive this complicated mess. VW fans are buying Mach Es, Teslas, Korean, and GM models for the first time in their history. Too bad for them. Mercedes has a surprising amount of competition over the last several years in spite of having expanded into diverse markets. And Elon is trying to help steal the presidency for Donald Trump. This doesn't have anything to do with Lauren's video except that he is profitable making only EVs.

[@sP-zd4jx]

I didn’t think a reasonably intelligent person would pronounce Saltillo the way she did !

[@onthebuses]

Scotland Sharing 🍺📡🍺

[@CarCoachReports]

😊

[@CJBronco2]

@@CarCoachReports Do you see prices getting any better? I feel like these dealerships are in denial when it comes to their prices aren't conducive to the current economy..

[@bobdavis3357]

I have to buy a new Raptor R. Someone wrecked my 23. The global economy is trashed. It's a planned global shutdown and reset.

[@CarCoachReports]

I got one for sale, but it’s not wrecked. It’s in perfect condition with 400 miles.

[@bobdavis3357]

I wished I had known sooner

[@CJBronco2]

@@CarCoachReports Do you see prices getting any better? I feel like these dealerships are in denial when it comes to their prices aren't conducive to the current economy..

[@rpmcnee]

shit parts and design globally. shit automakers can go bankrupt. evs kill companies. no intelligent engineer backs lithium

[@bobrohrer5925]

SO, JUST HOW MUCH DAMN SHAREHOLDER MONEY HAVE THESE EV FOOLS LOST ?..

[@unclefester4626]

I hope I live long enough to see both Ford and Toyota go out of business.

[@brianklamer3328]

Sounds like something a Chrysler/ Dodge/Jeep/Ram brand driver would say.....

[@explorenaked]

So, you are wishing hardship on over 550,000 people in the world. Because that's how many people work for those companies, and they would be unemployed. Not to mention the numerous family members they support, the communities the various factories support, etc. If you truly wish this, you are an incredibly heartless person.

[@unclefester4626]

@brianklamer3328 nope. Previous toyota owner and current ford owner.

[@dougm659]

Shouldn’t be long….

[@bobbylee9727]

Thank You So Much for your "leadership" Joe Biden !

[@michaeljohnson4947]

Americans were lifted out of poverty, with inexpensive reliable personal transportation. That"s how we enjoyed a large middle class. I hate to think, your minders have decided we'll be easier to control, when we can no longer afford transportation. We build all our industries, with inexpensive transportation. Now inflation, will wipe out the middle class. You're either going to be very rich, or very poor. Nothing in the middle.

[@CarCoachReports]

You are 100% correct!

[@im4udevco]

That's what happens when you are greedy. China learned everything they could from outsourcing, then got better and took over.

[@tacomafan5186]

Taxpayers will just bail them out again.

[@RayNLA]

The Tesla Effect

[@dougm659]

To be clear, by 2030 the top ten car manufacturers will be Tesla and nine Chinese companies….the rest will either have collapsed or shrunk to focus on small niches in the market. All the current big players are dead men walking!

[@wymy1412]

EV’s are shuddering a legacy of hundreds of billions in profits for industries and players in the long old auto industry game. There are forces at play that will do anything to prevent EVs from becoming the future. Problem is the future is here and they got caught asleep at the wheel. EV’s will be the standard shortly. I own 2 and will never go back to an ICE car, and I’m republican.

[@switchenergyco]

@wymy1412 Having a CHOICE is the best service.

[@squashua16]

No one i know will ever own an ev. They are niche dont work when towing or cold weather.

[@cbmech2563]

Rino, republican in name only. The future happens by consumers wanting a product, not by government mandate. EV's have a long way to go before they are a viable alternative for everyone and every application and government mandates have NOTHING to do with "saving the planet" or climate change.

[@richardweyland116]

Hybrids are stupid. Extra expensive system to get a puny range. When drill, baby, drill happens, this will help kill EV sales. No one wants these junky Soylent Green EV's.

[@sheilah4525]

Salaries for all worker and executives need to be cut by half if they want a job in the industry.

[@OM617a]

I won't buy an ev, hybrid or chinese car. If these are the only options then I will not buy anything.

[@bjornhelgason1879]

Ice is a dead car stopping

[@cbmech2563]

You're funny.........not. Not even very smart.