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A study attempted to quantify the costs of cars (i.e. of car-use and related decisions and activity such as production and transport/infrastructure policy) in conventional currency, finding that the total lifetime cost of cars in Germany is between 0.6 and 1.0 million euros with the share of this cost born by society being between 41% (€4674 ...
We're currently in what Pat Ryan, CEO of car shopping app CoPilot, has called the least affordable car market in modern history. In July 2023, CNBC reported that new cars priced under $30,000...
A study attempted to quantify the costs of cars (i.e. of car-use and related decisions and activity such as production and transport/infrastructure policy) in conventional currency, finding that the total lifetime cost of cars in Germany is between 0.6 and 1.0 million euros with the share of this cost born by society being between 41% (€4674 ...
Economists have sought to understand why cities grow and why large cities seem to be at an advantage relative to others. One explanation that has received much attention emphasizes the role of agglomeration economies in facilitating and sustaining city growth. The clustering of firms and workers in cities generates positive externalities by ...
If you don’t have to buy now, don’t
The potential impact of the UAW strike on car prices is a multifaceted issue influenced by various factors, including the strike’s duration, automakers’ financial positions, and the industry ...
Without the shift towards SUVs, energy use per unit distance could have fallen 30% more than it did from 2010 to 2022. [84] Car exhaust gas is one type of pollution. Car production and use has a large number of environmental impacts: it causes local air pollution plastic pollution and contributes to greenhouse gas emissions and climate change. [85]
The term Malaise era refers to a period in the U.S. automotive industry from roughly the early 1970s through the early to mid 1980s, characterized by malaise: poor products and a generalized industry unease [1] — an era of profound adjustment as the U.S. automotive industry adapted to meet wholly new demands for more fuel-efficient, safe and environmentally responsible products.