VFacts November 2023

[Franco Cozzo]

Originally Posted by prydey

Further to this, my comments about incentives was regarding manufacturers forcing buyers to buy cars they didn't want. My point stands, the consumer is king. If they don't want the product it will eventually get culled.

Govt incentives is a different conversation.

They're not forcing it, but people are being heavily incentivised/subsidised to purchase these vehicles, its not a free market so your point is invalid. You can't have this conversation without acknowledging there is government interference in the market which is driving purchasing decisions.

If they cop LCT and start paying taxes on them, and the price further increases, do you think they'll go the Thailand Special, or are they going to move to SUVs?

Or even better still, fuel efficiency standards get introduced, or the government does what China does and increases registration costs on cars with internal combustion engines and makes it free for EVs - watch how quick people change their buying habits.