Government Influence on the Auto Industry

Ever wondered if your dream car is more of a financial nightmare? This episode of "This American Ride" takes you on a journey through the labyrinth of the American automotive industry, where inflation has driven car prices sky-high, and monthly payments are creeping towards $1,000. We share our own experiences, from driving high-mileage clunkers with endless maintenance woes to reminiscing about unreliable classics like a 1971 Volkswagen bus with a personality bigger than its engine's horsepower.
Join us as we navigate the tangled web of government subsidies and tariffs, revealing how global policies and local economics shape the cars we drive. Listen to our critical take on the 2008 auto industry bailout and its lasting impacts, drawing intriguing parallels to the early 20th-century railroad industry. Hear personal stories of car ownership and leasing that highlight the evolving landscape of electric cars and the various economic and environmental challenges they pose.
Finally, we tackle hot-button issues like gas prices and political influence, recounting personal tales of social media spats and the polarizing nature of these debates. From dealership nightmares during the pandemic to the contentious debate over electric vehicle tax credits, this episode offers a comprehensive look at the automotive industry's present and future. Buckle up for an insightful and entertaining ride through personal experiences, industry trends, and broader economic and environmental questions.