Featured Trump tariffs put the US auto industry in disarray

But we got to have our carbonated sodas.

 

Being 75 years old, I can appreciate that Warren wants to dispense his assets while he can still enjoy seeing what good they can do. Many 'robber barons' did the same in their later years like Carnegie and more recently Gates.

Bob Wilson

 

Just for a bit of perspective - thought this article would be of interest:
This is in Britian:

As new car sales flounder and used vehicle demand returns to pre-pandemic levels, it's no surprise...

The US Car Market while having individual quirks is no different than what is going on in most of the world right now.

 

It's like an IQ test; the longer some people continue to support Trump, in the face of all the evidence of economic chaos he is causing, the lower their apparent IQ.

 

.... or being from another country and posting in a forum about that home country's politics and leaders = IQ test failed.

 

If I'm understanding that article right (I kind of skimmed over it) this is something that's been happening in the rest of the world for a long time.

I've been to countries where new cars are a bit unaffordable for most people. So they turn to the used market. But as a result, there is less supply of cars going into the used car market and more demand. This increases their price, but also, out of necessity, increases their longevity.

This in turn makes it harder for everyone, especially younger people who make less money to get into owning a car. The thing about a lot of these countries, though, is they tend to have a lot more public transportation.