The magic of used bookstores is randomness, and a few weeks ago while scanning the shelves at Half-Price Books, I found an old Lee Iacocca bio for $1.99.
I finished it this week, and it’s helped me see those echoes of the 1970s in today’s US automotive sector.
🔌💡🔌🚗
https://insideevs.com/features/763433/power-moves-ev-malaise-era-ram-tesla/
I finished it this week, and it’s helped me see those echoes of the 1970s in today’s US automotive sector.
🔌💡🔌🚗
https://insideevs.com/features/763433/power-moves-ev-malaise-era-ram-tesla/
Comments
Everyone knows the story of “fuel-efficient imports ate Detroit's lunch,” but the full story is more complex.
Ballooning interest rates in the Volcker era were the coup de grace for the status quo.
Chrysler was the Detroit laggard until he took the rein there.
It put Detroit - and Chrysler in particular - better positioned to compete with the onslaught of Japanese competition.
It ensures that, if we are moving into a second “Malaise,” there’s a path to recovery vs. an insurmountable climb.
The Japanese are just about to bend on this issue.
'incredible Chinese EVs like the BYD Seagull prove that charming, affordable transportation is still possible.'
Among the 25 cars I've owned, my only US cars were 2 Fords. I'd buy a 'charming' Seagull except the US Govt stops me.
When I saw the original post's photo, I was curious to see if anyone else recognized the car. Glad to see someone else did.