RE:RE:RE:RE:RE:RE:ObeProblem is going to be less and less old gas guzzling vechiles on the road.
Auto sales have been really down in most countries since Coivd started.
And if you look in April at the sales mix....the gas guzzling stuff like Expedition and Explorer fell 25-30% compared to 2021....for the Q. Same with trucks.
But Ford escape sales only down 2%.
The working poor are just going to get auto loans.
Problem is gasoline is higher then 110 dollar oil. Very expensive right now.
Probably a still good idea too see if any trends forming. I am keeping an eye on USA oil comsumption and not good right now...dipped alot...however too early to draw conclusions.
Guy that hauls french fries for Macains in Maritimes on Tv...guy said it costs him 800 dollars in fuel every 3 days now.
fortunefavorsus wrote: There is a flood of illegals in the U.S. I don't see them driving a Tesla but you never know Biden might give each one a Ford/GM electric on entry into U.S. They buy the old clunkers that get poor gas mileage. Usually an oil Chrysler minivan type. Most electric cars are expensive, extremely poor quality, and expensive to maintain. Tell Biden we ain't rich anymore and can't afford to be stupid. Europe is learning its lessons.