> Several reasons are given for the lay offs of mechanical engineers but the real reason is unsold cars and trucks. <
The average new car transaction price in the United States is around $49,000. And because of the new UAW contract, I don’t see that price going down.
So like millions of others, I’ll just be hanging on to my old car and making repairs as necessary. Until I hit the Powerball jackpot, of course.
Rather than repairs, think maintenance
Wait a little bit, and the Chinese will be selling cars in the USA for $15,000. They would like to sell them for $10,000 but tariffs will force them to sell them for more, but they'll still make a profit. /s