With an average U.S. new-vehicle selling price of just over $45,000 last month, many can’t afford to buy new — even though prices are down more than $2,000 from the peak in December of 2022, according to J.D. Power.
I think you’re conflating American-made and American-branded. Most of the Honda, Toyota, Subaru, etc. vehicles are still made in the USA and are part of the majority market share you mention. These cars lasted 200k easily, and usually past the 300k mark.
That’s the case now, but not historically. The big 3 were making garbage cars until foreign companies expanded their US presence with domestic manufacturing. Widespread foreign makes built in the US is relatively recent.
I think you’re conflating American-made and American-branded. Most of the Honda, Toyota, Subaru, etc. vehicles are still made in the USA and are part of the majority market share you mention. These cars lasted 200k easily, and usually past the 300k mark.
That’s the case now, but not historically. The big 3 were making garbage cars until foreign companies expanded their US presence with domestic manufacturing. Widespread foreign makes built in the US is relatively recent.
Yeah in the 80’s people in the US were freaking out about Japanese cars but in the end the US cars became better in order to compete