gulfcoastguy
Veteran Member
Historically that is not the case. Due to supply chain issues people can sell their gas guzzler, maybe at a loss, but they also have to pay through the nose for any replacement.
With the insane EV demand these oil prices are creating, Giga Texas and the VW EV plant in Chattanooga can't ramp up fast enough. Even if oil prices don't stay this elevated for long, the damage to ICEVs has been done.
High Gas Prices Are Pushing Electric Car Sales to a Tipping Point
With gas prices painfully high for the third straight month, more Americans have been turning to fuel-efficient vehicle alternatives to save money, new data shows.time.com
Hmmmm that don’t seem like a racket or Ponzi scam. Nope just good old fashioned honest busisness. Yea that’s it just lucky timing…does anyone remember when oil was 0$ a barrel in 2020? Or was I the only peasant who bought some stock then ?With the insane EV demand these oil prices are creating, Giga Texas and the VW EV plant in Chattanooga can't ramp up fast enough. Even if oil prices don't stay this elevated for long, the damage to ICEVs has been done.
High Gas Prices Are Pushing Electric Car Sales to a Tipping Point
With gas prices painfully high for the third straight month, more Americans have been turning to fuel-efficient vehicle alternatives to save money, new data shows.time.com
No way the car market is hot like the housing market. Everyone os trade up dealers were paying on fair market prices. Just lien the house market. Lost doe 500 sells for 550 3 days on market oh cash also.Historically that is not the case. Due to supply chain issues people can sell their gas guzzler, maybe at a loss, but they also have to pay through the nose for any replacement.
I'm sure you're aware of how many times in the past 40 years people have predicted the death of high fuel consumption vehicles, starting in 1973. And look around you at what people are driving. Yes, some people are jumping to EVs now. And when prices fall, they'll jump back to pickups and SUVs just like they've done in the past.With the insane EV demand these oil prices are creating, Giga Texas and the VW EV plant in Chattanooga can't ramp up fast enough. Even if oil prices don't stay this elevated for long, the damage to ICEVs has been done.
It's true that consumers have displayed short memory in the past re high oil prices. The big difference here is that many were already considering electric vehicle purchases prior to this spike. The duration of this spike will come into play undoubtedly. My prediction is that half of new car sales in the US will be battery electric by mid 2026.I'm sure you're aware of how many times in the past 40 years people have predicted the death of high fuel consumption vehicles, starting in 1973. And look around you at what people are driving. Yes, some people are jumping to EVs now. And when prices fall, they'll jump back to pickups and SUVs just like they've done in the past.
And Americans started buying economy cars before the first OPEC crisis. Still, they went back to big cars once things died down, and did the same thing again in '78.The big difference here is that many were already considering electric vehicle purchases prior to this spike.
Typical around here to, and those SUV’s generally all have one person in them. I had the thought profits may be being stockpiled due to a near future move from gas and diesel. Whatever, I figure I just have to deal with it.Economy cars were popular around here right up through the 80s and 90s. Hondas, Toyotas, Subarus, VWs, and a host of US made economy cars. It wasn't really until the SUV craze in the late 90s that gas guzzlers came back into fashion. Maybe it was different in other regions of the country.
No diesels, but a lot of SUVs. There's only one person with a hybrid, so there's lots of whining about the prices.I'm guessing it's the ~$4.30 gas more than the ~$6.30 diesel. Though a buddy of mine with a diesel Colorado just told me he wants his next truck to be electric.
The change to the SUV/crewcab pickups came after the minivans became passé. There was also a shift on the Cafe requirements that measured SUVs/ pickup differently than cars and minivans. Economy cars had seen bursts of popularity starting in the 60s through today. Lots of different factors that pushed it but it usually breaks back down to initial cost of the vehicle and current fuel pump pricing.Economy cars were popular around here right up through the 80s and 90s. Hondas, Toyotas, Subarus, VWs, and a host of US made economy cars. It wasn't really until the SUV craze in the late 90s that gas guzzlers came back into fashion. Maybe it was different in other regions of the country.
You may not have noticed, but there are close to no economy cars for sale in NA any longer. The big 3 have no economy cars for sale any longer. Even VW has given up on the Golf in the NA market. Honda still has the Civic, gotten rid of the Fit. Toyota has the Corolla, the Yaris is gone, as is the Scion brand. Pretty slim pickings if you want a small, economical sedan or hatchback.Economy cars had seen bursts of popularity starting in the 60s through today.
Seems that is what is happening now. Oil companies stopped fracking efforts when the price per barrel dropped below their breakeven. It takes time for them to restart those wells, so here we are.My perspective on the 70s, may not be correct but then I'm old and crusty! US was at a low point in oil drilling and it was cheaper to purchase from overseas.
.... the big difference there is that the styling of the Aztek was was chosen while the styling of the CT was dictated by physics. The 30X chassis of the CT cannot be stamped. Downside of using a metal too hard to scratch or dent is that you can't stamp it like normal steel. Take a sheet cardboard and fold it into a truck shape. If you can fold a better looking truck send it to Franz... maybe they'll adopt itthe Tesla Cybertruck styling is about as attractive as the Pontiac Aztek.
I don't think anyone is trying to 'save the planet'. Planet will get along just fine without the fools fuel addled apes. It's the quality of life of future generations we're trying to salvage.It might have been designed by physics but I find it interesting to see everyone else that is working on an E-Truck is retaining the truck style. Looks like those that purchase a cyber truck are doing it mainly to say "Look at me, I'm saving the planet".
??? The aluminum is still painted, stamped, the truck still has a frame and Al is soft and easy to scratch metal..... if anything that's the complete opposite. The advantage to Aluminum is it's lighter. That's it.Sounds like a lot of the same arguments that Ford used when going to an aluminum box. Many have found out that the collision repair coasts are in the 3-4x higher for minor accidents.
Cool, I really hope Rivian survives as a manufacturer. The R1T/R1S look like very impressive vehicles. I suspect your mom will have a couple more years to decide about that X5D. Vehicle production is incredibly hard, especially for a newcomer to the market.Related to this thread, my mom decided she's going to put her 2015 GSW TDI up for sale. I asked her if she was interested in a Tesla, and I wasn't expecting "hell no" as an answer!
Apparently, she's buying my uncle's 2015 BMW X5D, which only has 15K miles on it, when my uncle takes delivery of the Rivian SUV and truck he ordered for he and his wife. I'm very curious to see it when he gets it, since the Tesla Cybertruck styling is about as attractive as the Pontiac Aztek.