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Fuck Cars@lemmy.ml · 1 year ago

Car Prices Might Be Unsustainable for Buyers

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Car Prices Might Be Unsustainable for Buyers

const_void@lemmy.ml to

Fuck Cars@lemmy.ml · 1 year ago

Surging loan delinquencies signal that many consumers can’t afford their auto loans.

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1 year ago
Full electrics (BEVs) alone accounted for 24% of the country’s auto sales. This pulled the 2023 share to 35% (24% BEVs), and considering the current growth rate, we can assume that China’s plugin vehicle market share will end over 40% by the end of 2023.

I wouldn’t worry too much about Asia.
- mr_washee_washee
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  1 year ago
  asia isn’t solely china ?
  - Surface_Detail@lemmy.ml
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    1 year ago
    No, but it’s about a third China

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