this post was submitted on 21 Oct 2025
229 points (97.9% liked)

News

32864 readers
2256 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
top 50 comments
sorted by: hot top controversial new old
[–] AA5B@lemmy.world 2 points 2 hours ago

Hopefully it’s a temporary blip from EV incentives going away. We needed those incentives to smooth out the transition while EVs are still expensive, but with them being cancelled anyone on the fence had to consider buying in september.

Now we’ll transition slower and more painfully. We’ll continue pushing climate change, to our own detriment. Legacy manufacturers are already pulling back from EVs to maximize short term profit at the cost of viability on the global market. More people will be stuck for decades with obsolete technology and higher operating cost. We always seem to like doing things the hard way

[–] LoafedBurrito@lemmy.dbzer0.com 11 points 7 hours ago (2 children)

I don't understand how people keep buying new cars when shitty ones are $50k. Even these $100k SUV's are poorly built and tons of issues.

People are so stupid now, they prefer comfort and ease over using their damn heads and not buying crap.

[–] SaveTheTuaHawk@lemmy.ca 3 points 4 hours ago (1 children)
[–] IndustryStandard@lemmy.world 0 points 2 hours ago

Big c small d

[–] ebolapie@lemmy.world 5 points 6 hours ago

They're not. Lots are full of old inventory. One superstore near me has "new" 2023 model year units in the lot. Still above MSRP.

[–] myfunnyaccountname@lemmy.zip 4 points 7 hours ago

I get what you are saying. But we live in a society without a lot of alternatives. No walking neighborhoods. No or little public transportation. Some people don’t have options if they have to leave their house.

[–] skozzii@lemmy.ca 7 points 8 hours ago

But Trump said only beef was expensive anymore, did he lie to me?

[–] Ironfist79@lemmy.world 11 points 12 hours ago* (last edited 12 hours ago)

I say this with all my heart. /c/fuckcars.

[–] corsicanguppy@lemmy.ca 13 points 17 hours ago (1 children)

Inflation: how does it work?

[–] dan1101@lemmy.world 5 points 10 hours ago

Not only that, there's just so many huge vehicles full of tech. Not enough people want basic simple transportation anymore, or at least there aren't enough models to choose from.

[–] TheDemonBuer@lemmy.world 62 points 23 hours ago (11 children)

It seems like automakers would much rather sell fewer premium and luxury units at higher margins than sell more units of affordable cars at lower margins. I suppose I understand why, but it does leave a large consumer segment unserved. That seems like a good opportunity for a competitor to come in and serve the unserved market, but none of the big legacy car brands seem interested and new car companies don't have access to the capital it would take to build the manufacturing capacity necessary to mass produce affordable vehicles.

Sounds like a great opportunity for foreign car companies, from, say, China, for instance, to come in and serve that under served lower end of the market. But then, tariffs.

[–] sp3ctr4l@lemmy.dbzer0.com 35 points 22 hours ago (1 children)

10ish years ago it was a conscious choice they made, the automakers.

Now?

They are trapped, they can only continue to exist if they have the margins from luxury car prices for basically standard cars.

The other thing that goes along with this is... horrendously shoddy construction and design, they're literally built to break down, intentionally.

They're not really automakers.

They're managers of very troubled tranches of debt obligations who happen to be in charge of auto plants.

We should have let them all die back in 09, but instead we bailed them out and their management became a punch of sycophantic 'dont rock the boat, we're experts' accountants, just like what happened Boeing after McDonnel Douglass bought them out, ousted their middle and upper managers, and wore the Boeing brand name like a skin suit.

They are completely incompetent, but even if they weren't, nobody could solve the mess they are in now after decades of coddling and kickbacks from the government, collusion with regulators... rotted them from the inside out, smothered themselves, not really caring because C suite gets golden parachutes no matter what happens.

[–] extremeboredom@lemmy.world 21 points 21 hours ago (1 children)

Your last sentence underscores one of my main frustrations with this system of corporate enshittification. No matter what happens, there is no such thing as real life consequences for the c suite. They do as they please and retire comfortably without a care in the world.

[–] sp3ctr4l@lemmy.dbzer0.com 5 points 15 hours ago* (last edited 15 hours ago)

And the inescapable logic there means that unless people put their own credible threat of violence on the table, nothing will continue to ever change.

You don't play a rigged poker game, you play the uh, meta-game, around and above it, otherwise, you always lose.

Capitalism does violence via complex bureaucracy, via obscuring and normalizing the system itself, by making it very complicated to try to draw some kind of moral line as to where responsibility for the acts of which actors in a system should lie.

The reality is that the system itself is violence, and that you are guilty to the degree that you partake in and profit from it.

This is why Luigi Mangione is pretty much seen as the modern day Robin Hood.

[–] venusaur@lemmy.world 4 points 15 hours ago (1 children)

There’s still lots of money to be made in the used car market. Make new cars expensive, then more people will lease. Then you have a constant stream of income and you can raise the prices on your used leased cars.

[–] Zron@lemmy.world 6 points 11 hours ago (1 children)

Used cars are also entering a bubble.

Abused, falling apart, shit boxes are selling for what a decent used car was 5 years ago, and decent used cars are the price of a new car 5 years ago, yet basically no one is earning enough to afford the difference.

More auto loans are underwater than ever before, and a lot of them are for used cars. Eventually something’s gonna have to give.

There’s a reason that Obama pushed so hard to bail out the auto industry during the financial crisis. If the car market fails, it means less able bodied Americans will be able to get to their jobs due to how our entire country is structured. If the Auto industry fails, America will slowly grind to a halt.

[–] LoafedBurrito@lemmy.dbzer0.com 2 points 7 hours ago

This is coming before Christmas next year. Many researchers say the auto loan industry right now is worse than both the 2000 and 2008 crashes. So the trump 2026 crash could destroy the entire country if millions of loans are defaulted and the government is broke.

[–] floofloof@lemmy.ca 12 points 19 hours ago* (last edited 16 hours ago)

Capitalism serves capital, not the needs of the people. And the free market of competition is just a convenient myth with which to distract people.

load more comments (8 replies)
[–] XeroxCool@lemmy.world 45 points 23 hours ago (7 children)

"It's because of those EVs" says man driving $70,000 pickup as his daily driver

[–] darkwing_duck@sh.itjust.works 1 points 5 hours ago

A new RWD base Model 3 is 36,990

[–] fxleak@lemmings.world 20 points 22 hours ago (3 children)

It's really because of tariffs.

China has EVs with 300km range that only cost $15,000. Can't buy them in the US, though.

Gotta give the Musks your money, instead.

[–] imsufferableninja@sh.itjust.works 14 points 21 hours ago

Hyundai's EVs are so much better than tesla's

[–] Perspectivist@feddit.uk 4 points 16 hours ago (2 children)

Cheapest BYD in Finland is an used 2023 model with 50k kilometers and costs 28k USD.

[–] GissaMittJobb@lemmy.ml 7 points 14 hours ago

There are tariffs on Chinese EVs in the EU as well.

[–] scintilla@crust.piefed.social 7 points 20 hours ago (1 children)

I'm not trying to detract from your point because we could do this here as well but BYD cars are not $15k outside if china even where you can but them. They are that cheap because the government incentives them to be so.

[–] LoafedBurrito@lemmy.dbzer0.com 1 points 7 hours ago

And inhumane labor practices and cheap wages.

[–] Ep1cFac3pa1m@lemmy.world 11 points 22 hours ago (1 children)

Yeah that was my first thought. How much is this influenced by 7 or 8 year loans on $70,000 trucks?

[–] AA5B@lemmy.world 1 points 2 hours ago

While that is clearlya problem behavior, has it really changed? The same people willing to put that much down on a luxury truck with a loan they can’t afford, would have done the same last year

load more comments (4 replies)
[–] Fandangalo@lemmy.world 12 points 20 hours ago* (last edited 20 hours ago) (1 children)

Isn’t BYD a fraction of this cost, but we’re propping up stakeholder bonuses in Detroit?

[–] CmdrShepard49@sh.itjust.works 14 points 18 hours ago (3 children)

This is such a tired argument. Literally the only remaining US automakers are GM, Ford, and Tesla. A vast majority of car sales in the US are foreign brands not domestic. BYD is being propped up just the same as what you're claiming here, which is why no other automaker in the world outside of China is able to beat these Chinese prices, so how is this alternative better for anyone?

China is doing this in order to dominate the market wherever they're allowed to enter, and are well equipped to undercut those local markets for as long as it takes to put everyone else out of business. They control a majority of the minerals needed for EVs so they get to set the external and internal price. They have lax safety and environmental regulations. They already control much of the world's manufacturing capacity. They're a massive country with a massive workforce.

Allowing them to dominate the world auto market in order to buy one or two cheap new cars (before prices shoot back up because monopoly) is going to be bad for everyone.

[–] AA5B@lemmy.world 1 points 2 hours ago* (last edited 2 hours ago) (1 children)

Picking up our bat and ball and stomping off home is a worse alternative. At school next week everyone will be talking about the great game that we completely missed from our own stubborn pride.

Allowing Chinese companies to dominate the world auto market so our legacy manufacturers can eke a few more years profit from obsolete technology isn’t going to help anyone. After those couple years, our legacy companies will be that much farther behind, unable to compete in a market dominated by those who were not afraid to compete

[–] CmdrShepard49@sh.itjust.works 1 points 1 hour ago

Its not "picking up our bat and ball and stomping off," it's recognizing that this new "team" is full of ringers who take no issue with cheating to win, who will pay referees to give them favorable calls, and who will only put on a good show for the crowd for as long as it takes to secure 1st place. This team also happens to control the supply of bats and balls and ensures that they get the best of the best at no cost while other teams are getting second rate bats and balls at sky-high prices. Those people talking about "how great the game was" don't see or understand any of this, so their opinions should be disregarded. They didn't witness a real competition, they witnessed something akin to a Harlem Globe Trotters or a WWE match.

You're still framing this as if it's about protecting our companies, but this is protecting our market, our jobs, and our agency as a nation. US companies only make up a small part of all this.

Furthermore, if you look at the situation in China with EVs, they have entire graveyards of practically new EVs rotting away because they're turning the automotive market into yet another segment of cheap, disposable products, which is not only terrible for consumers but also for the environment.

Are you really that desperate to buy a brand new car every year like its the latest iPhone that you'd upend the entire world market and put millions and millions of people out of work not just in the US but in the rest of Asia, Europe, Canada, and Mexico? Do you really think they'll continue the massive subsidies driving their prices so low once all the competition is gone? To get a little conspiratorial, with the design of modern EVs being entirely software controlled with wireless links back to the "mothership", are you willing to hand over control of the nations' entire fleet of vehicles to a single government entity that has demonstrated time and time again that they're willing to use whatever force necessary to maintain complete control and keep everyone in line?

[–] Fandangalo@lemmy.world 6 points 18 hours ago (4 children)

Respectfully, protectionism isn’t that much better. In terms of economic velocity (efficient use of money/value/resources), it would be better if we used the money in other industries.

  • “The Chinese are competitive.” Yup, they are beating the global
  • ”They own the materials.” Yup, good planning on their part
  • ”They have lax safety.” Nope.
  • ”Massive country & workforce.” And a bunch of Chinese manufacturing has reduced humans and/or are dark with no humans.

“Allowing them to sell superior products is bad.” Sure, for the stakeholders. Not for Americans. I’m already being screwed by capitalists all over the place. Let’s expedite capitalism’s demise, please.

[–] CmdrShepard49@sh.itjust.works 1 points 2 hours ago

I'm not sure how you can call for the demise of capitalism while defending the worst parts of it here. This "economic velocity" is only good for the capitalists and what China is doing can only be described as capitalism.

The automotive industry employs millions of workers in the US at both domestic and foreign companies, and decimating that industry only to concentrate and centralize it somewhere else in the world is going to put those people out of work as well as creating a domino effect on the economy where all those dollars disappear from circulation. Capitalists will survive that but those workers won't, nor will the places where those workers spend their money currently.

What you're arguing for is essentially an entity like Walmart (China) moving into town and killing all its competitors by making it impossible to compete with them. We can see exactly how that scenario plays out in thousands of cities and towns across the US. Those "low prices" come at a steep cost for everyone involved except the capitalists running the business.

I have no issue with China selling cars here, but I do take issue with them rigging the game in their favor at our expense, which is why I support protection for the entire industry not just for US companies alone.

[–] AA5B@lemmy.world 1 points 2 hours ago

They own the materials.” Yup, good planning on their part

To expand on this: while yes they have great natural resources here, the more important part is they developed those resources. This is just another consequence of poor planning from everyone else: it’s too expensive, let’s let China do it. There’s another ten years behind due to our own short sightedness

[–] Tire@lemmy.ml 4 points 8 hours ago

I think they mean lax labor safety. It’s much cheaper to make things if you don’t worry about your workers getting killed or injured at higher rates.

[–] FishFace@piefed.social 2 points 14 hours ago

You don't seem to be accounting for the strategic value of the car industry, which is what the person above was talking about.

load more comments (1 replies)
[–] PattyMcB@lemmy.world 15 points 22 hours ago (5 children)

And American car/vehicle manufacturers are crying over low sales.

Stupid

[–] snooggums@piefed.world 10 points 22 hours ago

Crying over fewer high margin sales. They want the same number of sales but with more profit.

load more comments (4 replies)
[–] qjkxbmwvz@startrek.website 15 points 23 hours ago (1 children)

Adjusted for inflation, or better yet something like median salary, would probably be more meaningful.

Seems this will preferentially screw folks in low cost of living areas. If you're in a HCOL/VHCOL area and making ends meet, then a new car is probably affordable. If you're making ends meet in a LCOL area, then this is likely a huge expense.

[–] tankplanker@lemmy.world 1 points 3 hours ago

Cars have also gotten much bigger, generally speaking more reliable, and stuffed with extra technology, some of which makes the car safer than before. Little of that technology is really optional now in the EU but still adds to the price.

A cirrent polo is the same size as a mark two golf, a three series is same size as an old face series. Most could downsize and not notice.

New cars are purchased on the monthly cost than anything else where I am, with a balloon for the final payment. Manufacturers make money again on the same car at the second sale but can only do so if they protect the resale price, which means ever increasing sales prices.

load more comments
view more: next ›