How long before Japanese built vehicles are taxed out of affordability to promote the government run auto industry that is going broke do to lack of sales?
How long before Japanese built vehicles are taxed out of affordability to promote the government run auto industry that is going broke do to lack of sales?
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There’s a big problem with that—GATT. Such an action would be a clear violation. And however much he may want to appease the unions, he isn’t about to pull out of the GATT treaty.
Import taxes were imposed some years ago on Japanese autos, yet Americans still bought them because they represented not only fuel savings, but quality. Then the Japanese companies set up manufacturing plants in the US, and made the same quality cars here, but without being hampered by the UAW.
At some point, GM and Chrysler are going to be just heavily subsidized builders of crappy hybrid and electric cars, that will end up selling them only to people who cannot afford anything else, and who have a bus line as a backup solution to the times when the car is in the shop.
Anybody who wants a quality vehicle that they can depend on to outlast it's financing is still going to buy a foreign nameplated car. We see all kinds of ways where people will still pay more for dependability, style, and service.