Re:Plunging Pickup Truck Sales Threaten Detroit's Profit Engine
by sandclock on Wednesday April 03, 2024 @03:18PM
(#39921793)
What government handouts are you talking about? Stimulus ended years ago and food stamps can't go towards vehicle purchases.
Re:Plunging Pickup Truck Sales Threaten Detroit's Profit Engine
by onlyrealcuzzo on Wednesday April 03, 2024 @04:14PM
(#39922488)
People didn't spend all their pandemic surplus government transfers until relatively recently...
They're about ~30% more expensive when you don't have ZIRP and have ~7% interest instead.
So that's probably half of the plunge - the other half being people aren't getting stuffed to the brim with government handouts.