Chrysler to introduce “zero emissions” auto, the Fiat 500e. Like the Chevy Volt, Chrysler expects to lose between $8,000 and $9,000 for each one it sells. Fortunately, Chrysler doesn’t expect to sell many, else they would go broke……..again.
But, why are auto companies spending $millions and $billions on designing and manufacturing cars they know no one will buy and lose money on everyone they sell?
In short, the anti-business practices of the blue states, with California leading the way. California places conditions on auto manufacturers to offer wasteful, environmentally questionable vehicles with little utility, in order to do business in the state. Many other states, such as, New York, New Jersey, and Maryland, have followed their lead.
Such is the thinking and hubris of the lunatic left. Because they want these useless vehicles, they think the can alter the laws of supply and demand. Worse, they believe they can force the rest of the country and its people to buy garbage they don’t want. The problem, of course, is that they don’t work very well. They don’t even accomplish what they supposedly set out to do, that is zero emissions. They are metal cars for crying out loud.
If this country continues to allow these idiotic states to hold our auto manufacturers hostage, then between them and the unions, they will be broke again, and soon. Jobs will continue to be lost and the imbeciles will continue to blame evil economic laws.