There's already an endless array of electric SUVs and crossovers to choose from. Why can't there be other classes and sizes of vehicles for other needs and tastes?
There's already an endless array of electric SUVs and crossovers to choose from. Why can't there be other classes and sizes of vehicles for other needs and tastes?
Because U.S. tax incentives for business strongly favor bigger, heavier vehicles.[0] This includes people who use a vehicle less than 100% for business.
[0]https://en.wikipedia.org/wiki/Section_179_depreciation_deduc...
https://en.wikipedia.org/wiki/MACRS#Special_allowances_and_b...
All the EPA rules set MPG targets based on historical "fleet" averages of the car model + factored in the wheel base of the car.
Basically, the last 1.5 decades have encouraged automakers to keep increasing the size of cars because it keeps reducing the MPG target they must meet.
If you want more variety, break up large companies. Hard to do when Toyota, Honda, etc aren't american companies though.
I too hate large vehicles and prefer my tiny hatchback. It's fun, cheap, efficient, easy to drive, easy to park. Why would I ever get something gigantic? If I need to move something big, something that somehow doesn't fit in my car with the seats folded down (people have fit entire bedroom sets in there somehow) I can go rent a truck from home depot FFS.
They feel entitled to very large returns. The executive leadership's job is to give it to them.
Gone are the days of expecting a stable, life-long dividend.
Now if you're not cutting labor costs to the bone and impoverishing your workers, applying shrinkflation strategies, or monopolizing markets and fixing prices, then you aren't able to satisfy your increasingly greedy investors.
Ford v Dodge is a key court-case that still has so many terrible repercussions in modern America, and all because the biggest shareholders in Ford had a strange conflict of interest (that has never been fixed; dealers are still some of the biggest "activist" shareholders of both GM and Ford) and won the battle in the US courts to give themselves more power over company profits (than the company's board and interests like, you know, employees or customers).
Yeah, "it's what 'we' want..." /s
Well you should! Makes life more fun :)
-Hugh Laurie (https://youtu.be/c-WO73Dh7rY?t=141 @2:21)