General Discussion

Ignore the media, ignore the manufactures. Here's what's going on.

Lower income families are purposely being priced out of the new car market. In less than 10 years, Chevy, Ford, Chrysler, et al will have fleets of new, self driving cars and trucks that they will rent out like waymo. Because the cars/trucks/suvs will be able to "work" 24/7, they will generate 3-4 times the profit compared to actually selling them. Thats the new business model.

I used to work for U-Haul. Very smart people run that company. They buy their trucks stripped down to the cab and frame, and built their own boxes. Because I was a GM I had access to a lot of info, one number that stood out to me was lifetime truck revenue. Every single truck in their fleet will earn between $600,000 and $1,000,000 in revenue before it is sold.

Every one.

Now think about how much a self driving car can make working 24 hours, every day.