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Auto execs are coming clean: EVs aren't working
(www.businessinsider.com)
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this post was submitted on 27 Oct 2023
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TBF, are there even ICE cars under $25K? A base model Corolla is $23K or something
I think the Nissan Versa and Kia Rio are the only sub-$20k new cars left now that the Mitsubishi Mirage and Honda Fit are discontinued in the US.
What's insane to me is that these cheap compact cars are actually among the worst-selling in the US. The Ram, Silverado and F-150 each sell literally 20 to 30 times better.
Oh yeah I forgot about the Versa.
The Yaris also got discontinued.
Inflation is nuts. Last time I was buying a car was in 2011, and I remember seeing new Mazda3s for like $13-$16k.
Vanishingly few. There are still Nissans and Kias for under $20k.