New Cars More Affordable than Ever Before in U.S. History [View article]
Cars are more affordable partly because of the Japanese, Mark. They came here in 1990 with the lexus and turned the luxury market on it's head. For instance, Cadillac couldn't raise prices because they had to compete with a car far superior to theirs. You need to keep Cadillac at a much higher price point than let's say Chevy, so you can't raise Chevy prices either. So you lower quality, when you can.
Cadillac still has to compete with Lexus today and round and round it goes There are about 15 things wrong with your article.
On a side note- Just wondering what a 10 day vacation in Fantasy Land costs now a days?
New Cars More Affordable than Ever Before in U.S. History [View article]
They came here in 1990 with the lexus and turned the luxury market on it's head. For instance, Cadillac couldn't raise prices because they had to compete with a car far superior to theirs. You need to keep Cadillac at a much higher price point than let's say Chevy, so you can't raise Chevy prices either. So you lower quality, when you can.
Cadillac still has to compete with Lexus today and round and round it goes
There are about 15 things wrong with your article.
On a side note-
Just wondering what a 10 day vacation in Fantasy Land costs now a days?
Cash for Clunkers May Cost Up to $45,354 Per Vehicle [View article]
I could use a more energy efficient big screen tv........