Cars when guaranteed independence and transportation for all Americans. And while Automakers drew in record profits in 2023, slim margins integrated with deep financial investments into EV batteries, software application and various other technology is making it difficult to produce vehicles much less costly. Insiders state that is simply a plaster – automakers require to complete.
Chapters:
00:56 Title card – Why American car manufacturers can’t make affordable automobiles
1:05 Chapter 1 – Affordability
3:02 Chapter 2 – How automobiles obtained so costly
6:07 Chapter 3 – Making a less costly car
9:08 Chapter 4 – Competing with China
Manufacturer: Robert Ferris
Editor: Evan Lee Miller
Animation: Jason Reginato, Christina Locopo
Additional Camera: Natalie Rice
Senior Managing Producer: Tala Hadavi
Additional video: Cadillac, Chevrolet, Ford, Getty Images, GMC, Hyundai, Rivian Stellantis, Tesla, Toyota
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Why American Cars Are So Expensive