Bloomberg can't understand why auto sales are falling
It's actually pretty simple: median income isn't even $50K!
One of the huge problems with the auto industry is that the industry itself is trying to turn a basic necessity for transportation into a luxury. As a result its no wonder that sales are dropping.
Me? I don't need the fancy trimmings. Give me an old-fashioned carburetor, manual transmission, manual door locks and windows and I'm fine. I don't need an in-dash GPS, back-up sensors, or 80 computers monitoring the temperature of my seat.
One of the huge problems with the auto industry is that the industry itself is trying to turn a basic necessity for transportation into a luxury. As a result its no wonder that sales are dropping.
Me? I don't need the fancy trimmings. Give me an old-fashioned carburetor, manual transmission, manual door locks and windows and I'm fine. I don't need an in-dash GPS, back-up sensors, or 80 computers monitoring the temperature of my seat.