Car Production in the United States decreased to 2.61 Million Units in January from 3 Million Units in December of 2018. Car Production in the United States averaged 5.97 Million Units from 1967 until 2019, reaching an all time high of 9.92 Million Units in April of 1978 and a record low of 1.29 Million Units in January of 2009.
Is U.S. car production down because we've lost our manufacturing capacity, or is it down because we already own a sh!t-load of cars -- and most people have no reason to buy new ones?
I'm in the market for a new company vehicle right now. I've been in the market for the last four years now. At the prices I'd be paying -- and I only buy U.S.-made trucks -- I simply cannot justify the expense when my current vehicle is still running fine. Is that a bad thing?
The price of a new car has gone to the moon, thanks to over-regulation. Why should anybody sane buy one nowadays?