Re: The changed car market

by Red Lily Fri Jul 07, 2023 8:21 pm

They'll eventually put so many restrictions on old cars and raise the price of fuel so much to eventually force people to get rid of their older cars.

by HawkTheSlayer Fri Jul 07, 2023 8:27 pm

Sprintcyclist wrote:Apparently there is a glut coming in the new car market.
Car manufacturers are pretty much back to full production.
Due to the economic slowdown worldwide, sales have slowed.

Also apparently EV car makers are not making much money per sale. Hybrid makers are making a profit.
I can see a serious squeeze on new car prices, this will affect the used car markets significantly.

If you have an old car that runs well, stick with it and wait.

Here's 1200 used cars that won't be on the export market.

https://www.nbcnewyork.com/news/local/cargo-ship-fire-that-killed-2-firefighters-in-newark-is-expected-to-burn-for-days-ny-only/4487061/

by Sprintcyclist Tue Nov 07, 2023 10:49 pm

Wow - Hyundai are surging ahead
Other companies must be losing a lot of money

They announced a 150% profit increase

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