Not could, will.
The auto manufacturers have already said that they can't absorb a 25% tax. That increase will definitely be passed on to consumers.
Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.
Not could, will.
The auto manufacturers have already said that they can't absorb a 25% tax. That increase will definitely be passed on to consumers.
Tariffs threaten to raise prices by around $6,000 per vehicle on average, according to Cox Automotive.
and state taxes are rising too into the thousands just a years' worth plus rising insurance costs
maintenance costs are becoming unattainably too high as well
people will be unable to afford to go to work, doctor appointments, school, voting, etcetera
I have been on a Crusade for my entire adult life. I want economy shitboxes back.
Small, cheap, great fuel economy, user servicable cars.
And I mean cheap. Wind up windows, basic radio, no screens, cheap vinyl seats, etc.
I want Ford Escorts and Geo Metros back. VW Rabbits. And I don't want them so ridiculously overengineered that you have to drop the engine, transmission, and entire front suspension to change an oil filter. That shit is entirely unnecessary. As is the half ton of electronics and sensors. In fact the dumber the whole system is, the better.
Fuel economy is what? 10mpg on avg better than it was with those cars 30 years ago? There's no fuckin point. Other than making them more complicated and more expensive.