Cannonpointer » 4 minutes ago » wrote: ↑
Correct. I made that claim.
You showed me a market shakeup based on new tech and new competition following the removal of import tariffs.
The amount of new competition was massive, and the new entrants to the market place were superior in multiple aspects - not just on fuel consumption. Apples and horse feathers.
Correct. Ya gotta own a car - ya don't gotta own a monster truck. One is for utility and the other is not.
And their prices did not drop.
I don't have a lot of time ..but heeeeeer we go again....
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In the 1970s, the prices of gas-guzzling cars, particularly muscle cars, dropped significantly due to rising gas prices and stricter emissions regulations. Consumers shifted their preferences towards more fuel-efficient vehicles, leading to a decline in demand for high-horsepower models.