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submitted 9 months ago by bzarb8ni@lemm.ee to c/canada@lemmy.ca

Sales targets meant to ensure automakers ramp up EV production to keep up with demand, says source

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[-] Kecessa@sh.itjust.works 1 points 9 months ago* (last edited 9 months ago)

But most non luxury manufacturers sell cars under 25k, they mostly sell to young people, as they get older they buy more expensive cars.

You think the regular Golf got discontinued even if it was selling? No. Sales had been going down for a long time now, but look at that, the Jetta is still available, so maybe people just didn't want the compact hatchback but demand was still high for the compact sedan!

Take the Geo Metro in 95, base model was 10k back then. With 2% yearly inflation that's... 17 000 today! Will you look at that, same as the available equivalent, which is the Mirage!

this post was submitted on 16 Dec 2023
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