High car prices is what will kill car production.
I saw a chart recently. In 1974 the average new car cost 1/4 of the average median income. Now a new car cost 100% of the average median income.
We are heading to self driving cars that will be out at front of your house in the morning, pick you up, drop you off then go to the next customer.
In the 70’s a car cost a half years salary.
Now it’s a Year’s salary.
Paul Harvey predicted decades ago that this would happen.............................
I’ve thought since Cash for Clunkers that autos will outpace the ability of much of the public to afford them.
Yes, we are headed to a very different future. Imagine a Car & Driver magazine in a world of autonomous vehicles. ZZZzzzzz.
I was in grade school when the golden age of muscle cars was happening. I do understand folks just a bit older than me who are keeping the muscle car nostalgia market going, using some of the wealth they accumulated to buy the dream car they could not afford in their youth.
The indictment of the insurance industry as the mendacious killer of muscle cars falls a bit short. There were a lot of bad drivers getting a hold of more power than they could handle, and the accident data bore that out. Lbs/HP was a crude measure, but what else were you going to use back in the day? And don’t argue that it wasn’t happening. Today you can watch endless hours of people crashing muscle cars and exotic supercars on YouTube. Just more power than the driver knew how to handle.
This is technologically possible, but as likely to happen as the flying cars we were once promised. The reality is that there will never be enough of these taxis available at times of peak demand to avoid long, frustrating waits.