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Americans can no longer afford their cars (www.newsweek.com)

submitted 9 months ago by Blaze@lemmy.zip to c/personalfinance@lemmy.ml

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[–] FenrirIII@lemmy.world 6 points 9 months ago (1 children)

Most American companies have ceased production of small cars in favor of giant trucks and SUVs.

[–] Tak@lemmy.ml 2 points 9 months ago

"Affordable" American cars are used cars. New cars chase fads and trends to sell to the wealthy.