The whole default thing, people (some not all) just overbuy plain and simple. Buying something they honestly believe they can afford for a little while then crap hits the fan after the "honeymoon phase" wears off. Saw this when I was working, just not to this extent. But people were so nonshallant about a payment close to 4 figures, it blew my mind.
In terms of the whole EV thing? When I picked up my Maverick a few weeks ago, went back to see the detail person (he's a guy in his mid 50s, old-school trained with an orbiter and can do things on a car that I wouldn't trust others to do. He's a good one). He told me, as I mentioned a whole row of Mach-E EVs our front, that Ford FORCED dealers to take them. No Iffs, Ands or Buts! Each dealer around me, have at minimum 9 with some stores well over 12 and even 15!!
Paperweights, all just sitting there as NO ONE WANTS THEM! And yet dealers are forced to do upgrade their stores to add chargers and in some cases (in Porsche from what I heard) a charger in every service bay). Talking millions of dollars in upgrades!
The kicker, is that anyone who wanted an EV, got one! And anyone who wants one can easily get one and they have plenty of choices. Now that Ford for example, paused their $12B EV investment, I hope it wakes Farley (god I hate this guy) up and makes him realize rhat all your inexpensive ICE vehicles are gone! You don't make them anymore! Oops!!
What a smacked ***!!
A company like Hyundai or Kia is okay as they still sell relatively inexpensive ICE vehicles (K5 for example is a great car for the money). Same with Toyota and Honda. While some may not like the Civic it's still around and still ICE and still affordable (talking MSRP). While Ford is sitting holding the bag with nothing to show for it. Their cheapest vehicle, the Maverick Hybrid, you can't even get (walk in and leave with one as no one has inventory). Hell, it took me 13 months to get mine! That's COMPLETELY unacceptable for a consumer! It isn't a Lamborghini, it's a damn Ford!
After that it's the Escape as the cheapest and it's
!! Should have kept the Fusion and brought over the UK redesigned Focus (without that god awful DCT). BUT NOOOOOO!! Got to sell a horrible EV Mustang SUV and a truck that can't do truck things unless you want to have absolutely ZERO RANGE!!
I'm glad I offed my Ford stock years ago. They will never learn, as will GM and Stellantis! They are perpetually stuck in their ways and will never catch up to the other brands! If they wanted to open eyes, Ford (or the others) would be smart and release a new sedan or group of sedans that are both ICE only and ICE/PHEV plug in! And make them reasonable and good looking and they WILL SELL!!! I'm so glad I'm out of that awful business!
Only miss my clients! Those who cared how I was doing, how I was feeling and constantly checked in on my health. THAT I miss!!