Wednesday, January 17, 2018

No cars for you

The good news in American car manufacturing is that many manufacturers are jumping into the electric sector. Unfortunately, there's bad news too: they're basically abandoning the car sector for the SUV market. For a long time the latter have been more profitable, and with low gas prices likely to stick around for awhile, consumer trends are likely to stay with the more bulky vehicles. Sure, Honda and Toyota will continue to crank out their crowd-pleasing Accords and Camrys, but US producers seem likely to back out of the market soon.