I read an article about this last week. That article included several other fuel efficient cars made by US Auto Companies.
The price tag was the stated reason. These cars cost about $24,000 base price, and are not believed to be competetive against entry level vehicles costing at least 40% less.
But in Obamanation surely we can all just receive a $12,000 or more tax credit so everyone can have an O-car. It could even have that round symbol thingy on it.(sarc)
They’d have to ship the cars over rather than make them here, too - imagine what the UAW would do to those cars instead of making them properly!
A good chunk of that $12,000 cost differential is from building the car in a European auto factory, paying European wages, and with European environmental regulations.
Combined with the weakness of the US dollar versus the Euro.
Build the same car, with the same parts... in Mexico, using US parts makers and with Mexican labor, and you’d be able to drop most (if not ALL) of that price difference.
A good chunk of that $12,000 cost differential is from building the car in a European auto factory, paying European wages, and with European environmental regulations.
Combined with the weakness of the US dollar versus the Euro.
Build the same car, with the same parts... in Mexico, using US parts makers and with Mexican labor, and you’d be able to drop most (if not ALL) of that price difference.