The auto companies are doubling up on EV bad bets. Only the government is happy. From Eric Peters at ericpetersautos.com:
If you’d like to buy a new Dodge Challenger Black Ghost, you probably won’t be able to. All of them have already been sold. On the other hand, if you’d like to buy a new Mach-E “Mustang” EV – the latter in air fingers quotes to mock the absurdity of naming a battery-powered five-door crossover a Mustang – you will have your pick.
There are reportedly at least 9,092 examples sitting on Ford dealer lots all around the country. More than half of these – 61.5 percent – have been sitting there for more than a month, which is a long time for a new vehicle of any kind to just sit – on account of the loan. The one taken out by the dealer to buy the thing from the manufacturer. Each month the new car sits costs the dealer more, eroding whatever profit the dealer ends up making when the car finally does sell.
If it ever sells.
What if they never do?
Ford has a huge problem on its hands. Or rather, Ford dealers have a huge problem on their hands. 9,000-plus unsold Mach-E “Mustangs” is a lot of unsold “Mustangs.” A lot of potential loss, for Ford dealers – and Ford, too.
Love the old photo of Eastern Bloc comrade in a chopped in half Trabant being pulled by a mule.
Soon we can live the dream in Chiquitastan.
Forward! Si se puede!