Summary

The global auto industry, once buoyed by pandemic-era shortages and high prices, is now facing significant challenges.

Major automakers like Nissan, Ford, and Volkswagen are cutting thousands of jobs and closing factories due to falling demand, competition from Chinese carmakers, and rising protectionism.

Chinese brands, offering cheaper and innovative vehicles, are gaining market share, pressuring Western automakers, particularly in China.

The shift to electric vehicles (EVs) is proving costly, with sluggish demand in some markets and government subsidies declining. Some companies, like GM and Toyota, are faring better with strategic EV and hybrid models.

Non-paywall link

  • @[email protected]
    link
    fedilink
    16
    edit-2
    11 hours ago

    Regular-ass pickup trucks are really hard to buy, too. Trying to find a F150 XL on a lot is tough, and the pricing isn’t that much better. Too many luxury trucks, too few work trucks. The PRO dealers don’t even want to talk to someone looking for a single truck in my experience or I’d just buy from the dealer with nothing but plain white on the lot.

    • @[email protected]
      link
      fedilink
      33 hours ago

      Yeah I have no clue why a compact, affordable, hybrid truck like the Maverick just can’t be made fast enough and flies off the lot.

      Surely it’s not being a compact truck. Or it being affordable for new. Of course, it’s not also having a hybrid option.

      No, it’s gotta be anything else other than that. So make sure there are more of the huge, expensive, gas chugging things on the lot.

      • @[email protected]
        link
        fedilink
        03 hours ago

        You won’t get any sympathy from me for the Maverick.

        It’s. Not. A. Truck.

        I need a truck for work, not weekend runs to the lumberyard.

    • @[email protected]
      link
      fedilink
      English
      1311 hours ago

      Indeed. If you want a giant-ass ego-mobile you’ll find plenty, but a truck to actually get work done? You might have better luck finding a good van these days. It’s a shame.

      • @[email protected]
        link
        fedilink
        69 hours ago

        Oh man, the sprinter/transit thing is insane tho. Sure they are nice vans but the price is WAY higher than the Econoline/Savanah generation.