The United Auto Workers union is on strike against General Motors, Ford and Stellantis, the first time in its history that it has struck all three of the nation’s unionized automakers at the same time.
Yeah, the cost to make something doesn’t determine the price it will be sold it. It determines if it’s worth making and selling it at all. And it’s not even based on the current cost or price, but projected ones.
When I made my comment, I assumed people knew this already. “Becoming the standard” was meant to mean the price of standard trims will reach this level in the years ahead.
If they could have charged 100k for a truck, they would already be doing so.
Paying workers properly doesn’t impact this.
Thank you for saying this. The price is set at what the market will bear.
Yeah, the cost to make something doesn’t determine the price it will be sold it. It determines if it’s worth making and selling it at all. And it’s not even based on the current cost or price, but projected ones.
Fully loaded trim levels of the big 3’s trucks do reach towards the 100k price level, if not more
When I made my comment, I assumed people knew this already. “Becoming the standard” was meant to mean the price of standard trims will reach this level in the years ahead.