Why American Cars Are So Expensive

Automobiles as soon as guaranteed independence and transportation for all Americans. And while Automakers pulled in record earnings in 2023, slim margins integrated with deep investments into EV batteries, software application and other innovation is making it tough to create vehicles much cheaper. Insiders say that is just a bandage – automakers need to complete.

Phases:
00:56 Title card – Why American car manufacturers can not make cheap cars and trucks
1:05 Chapter 1 – Affordability
3:02 Chapter 2 – How cars got so costly
6:07 Chapter 3 – Making a less costly cars and truck
9:08 Chapter 4 – Competing with China

Manufacturer: Robert Ferris
Editor: Evan Lee Miller
Computer Animation: Jason Reginato, Christina Locopo
Additional Camera: Natalie Rice
Senior Managing Producer: Tala Hadavi
Extra video footage: Cadillac, Chevrolet, Ford, Getty Images, GMC, Hyundai, Rivian Stellantis, Tesla, Toyota

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Why American Cars Are So Expensive