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Author Topic: Auto regulations costly Back to Topics
xgojim

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Michigan

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Message Posted: Aug 18, 2013 6:49:50 AM

The U.S. auto industry's rebound has been a bright spot in an otherwise slow economic recovery, with sales this year on track to return to pre-Great Recession levels. But amidst the good news there is a troubling trend: The average cost of a new car has hit a record high of $31,800, up from $27,500 before the downturn, according to automotive research site Edmunds.com. There are a variety of reasons for the increase. Profit margins are up, as manufacturers are no longer dependent on generous incentives to move product. Also, more technology in cars, such as navigation systems, enable automakers to charge higher premiums, especially on smaller cars. But industry experts say a key factor is federal fuel efficiency and safety regulations that automakers have had to meet in the last decade.


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REPLIES (newest first) Post a Reply
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heydano67
Champion Author California

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Message Posted: Aug 20, 2013 2:51:38 AM

too much for me
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oldmack
Champion Author Riverside

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Message Posted: Aug 20, 2013 2:25:59 AM

ok
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remay
Champion Author Houston

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Message Posted: Aug 20, 2013 12:13:39 AM

Easy money is over?
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kgbellman
Champion Author Ann Arbor

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Message Posted: Aug 19, 2013 1:47:16 AM

Glad to finally know that regulations are costly
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VanIsleRover
Champion Author British Columbia

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Message Posted: Aug 19, 2013 1:45:52 AM

More modern the vehicle, more costly the gadgets.
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liao
Champion Author Montreal

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Message Posted: Aug 19, 2013 1:42:42 AM

Will keep my 2004 & 2008 as long as it last.
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oldred11
Champion Author Indianapolis

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Message Posted: Aug 19, 2013 1:38:44 AM

Yes, auto regulations are costly. And your point is. . . ?
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Double_Golden
Champion Author San Francisco

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Message Posted: Aug 19, 2013 1:38:05 AM

not in for a new car for the next 10 or more yrs...
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firefly09
Champion Author San Diego

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Message Posted: Aug 19, 2013 1:37:10 AM

old news.
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evpark
Champion Author Chicago

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Message Posted: Aug 19, 2013 1:30:22 AM

With the rising purchase cost of new cars people are forced to keep their old cars longer and longer.
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wally52
Champion Author Little Rock

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Message Posted: Aug 19, 2013 1:28:47 AM

That's why I will not buy a new car.
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us4usa
Champion Author Missouri

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Message Posted: Aug 19, 2013 1:25:16 AM

We keep buying used vehicles...
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Sneakers55
Champion Author Houston

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Message Posted: Aug 19, 2013 1:24:45 AM

Government had nothing to do with the vehicle makers increasing their profit or equipping cars with navigation systems. And, hopefully, increased fuel economy will be recovered during the lifecycle of the vehicle. On the other hand, the sheeples' attention to vehicles is the amount of the monthly payment.
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btex49
Champion Author Austin

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Message Posted: Aug 19, 2013 1:19:15 AM

There is an extremely high price for all the gadgets in our cars.
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arinkrat17
Champion Author Twin Cities

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Message Posted: Aug 19, 2013 1:18:50 AM

Every going up except our pay
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Mowerman08
Champion Author Milwaukee

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Message Posted: Aug 19, 2013 1:18:19 AM

That's the US now being regulated to death by a President that makes and breaks rules and law as he pleases!
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LJDJ
Champion Author Fort Worth

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Message Posted: Aug 19, 2013 1:17:53 AM

ok
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Buddy2264
Champion Author Tampa

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Message Posted: Aug 19, 2013 1:17:00 AM

Alwas a reason. keepthe old one going.
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JethroGibbsMKE
Champion Author Milwaukee

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Message Posted: Aug 19, 2013 1:15:43 AM

Cost of living keeps going up BUT salary keeps going down for many, that's just awkward.
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RENEGADEGAS
Champion Author Missouri

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Message Posted: Aug 19, 2013 1:14:38 AM

One regulation after another. It will end up crushing them.
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Bruno44
Champion Author Texas

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Message Posted: Aug 19, 2013 1:11:44 AM

Too much over-regulation in many industries.
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jetskijerry
Champion Author North Carolina

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Message Posted: Aug 19, 2013 1:08:42 AM

crooks
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kkimes
Champion Author Illinois

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Message Posted: Aug 19, 2013 12:47:38 AM

I'm sure the auto industry is just waiting for more Republicans to get elected so they will have more greasey palms to stuff money in. With the next administration I'm sure you will see an easing of these regulations.
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el_fr
Champion Author Massachusetts

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Message Posted: Aug 18, 2013 5:51:48 PM

No such thing as a cheap car anymore
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YumaFellow
Champion Author Arizona

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Message Posted: Aug 18, 2013 4:11:41 PM

The auto industry has been whining about regulation for a long time. I remember when they said they could not install a 3-point safety belt in cars without screwing up the whole production line and raising costs. For many reasons, the standards for fuel efficiency and safety are long overdue.
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lippoe_sokan
Champion Author Provo

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Message Posted: Aug 18, 2013 4:05:41 PM

All regulations are costly.
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Taxrefugee
Champion Author Arizona

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Message Posted: Aug 18, 2013 4:02:20 PM

Old news. This has been the case since the '70's.
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Grismer
Champion Author Kitchener-Waterloo

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Message Posted: Aug 18, 2013 1:46:27 PM

The price of deregulation would be higher on many levels than just economic.
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streetdesign
Champion Author Illinois

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Message Posted: Aug 18, 2013 12:38:10 PM

New vehicles have a lot of safety features and new technology which is costly. There is a price to pay for safety and new gadgetry. Now if income would increase as much as vehicle prices then it would not be a problem.
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Jeff4U
Champion Author Atlanta

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Message Posted: Aug 18, 2013 12:15:13 PM

No problem. I don't want monthly payments or higher insurance rates.
I also don't need to keep up with "The Jones".
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BigRedVTX
Champion Author Georgia

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Message Posted: Aug 18, 2013 11:55:25 AM

There was a time that a top of the line Mercury Cougar XR7 with all the bells and whistles of it's time was a $4800 purchase off the showroom floor.
Today's pricing begins to put the price for a new vehicle out of reach for the average, middle income consumer (and lest we not forget those seniors on a fixed income).
While safety is important, most ot the gadgets in vehicles today actually detract from Safety.
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wrunner
Champion Author Virginia

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Message Posted: Aug 18, 2013 11:29:45 AM

Added gizmo gadgets add to the cost and such gizmo gadgets are not always needed to operate the vehicle.

They are also made bigger, heavier and longer which adds up to more production cost.

Get back to basics and make autos that make sense, sensible to the driver, sensitive to the consumer.
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WestDriver
Champion Author Grand Rapids

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Message Posted: Aug 18, 2013 10:51:22 AM

Regulations always cost extra money. And, it seems, here, as in most cases, isn't worth the money it costs us.
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00MrSlate00
Champion Author Illinois

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Message Posted: Aug 18, 2013 10:20:46 AM

I'd rather keep my old clunker than to fork over that crazy amount of money.
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flatrock14
Champion Author Michigan

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Message Posted: Aug 18, 2013 10:00:25 AM

I don't see it going down
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pscamp
Champion Author Ottawa

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Message Posted: Aug 18, 2013 9:55:35 AM

OK
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Caribou2011
Champion Author Ohio

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Message Posted: Aug 18, 2013 9:55:21 AM

Too much big brother intervention.
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madison8359
Champion Author Cleveland

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Message Posted: Aug 18, 2013 9:49:28 AM

Are we safer now.

Are our vehicles safer?

Is the cost of saving lives worth it?

You be the judge.
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PhilMils
Champion Author Virginia

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Message Posted: Aug 18, 2013 9:33:04 AM

More precisely, the ways the regulations are met by the auto makers are costly. The regulations themselves don't cost much.

The article reads as if all the increased cost of autos is because of regulations, which is a lie. Yes, some regulations led to some increased costs, but that is NOT where most of the increase came into being.

Odd, but many of the changes that the auto makers made because of regulations are marketed as "features", or selling points. I guess they want it both ways.

Could the auto makers meet the regulations in cheaper ways? In most cases, yes.
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mpg611
Champion Author Cleveland

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Message Posted: Aug 18, 2013 9:30:28 AM

Regulations have made Americans poorer. We could be earning more income BUT regulations have taken away much of it.
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Hunter114
Champion Author Chicago

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Message Posted: Aug 18, 2013 8:25:17 AM

Another example of how big government casts more: CAFE standards & other regulations.
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Hawg1408
All-Star Author Alberta

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Message Posted: Aug 18, 2013 8:22:59 AM

Always a way to make money
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kx250
Champion Author Michigan

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Message Posted: Aug 18, 2013 8:21:50 AM

here's a concept: more gubr'ment = higher prices
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Wally3023
Champion Author Pennsylvania

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Message Posted: Aug 18, 2013 8:21:07 AM

Good to know
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NilesBishop
Champion Author Philadelphia

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Message Posted: Aug 18, 2013 8:20:21 AM

Just the auto industry trying to come up with an excuse as to why new vehicle are almost as expense as a house these days.
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Evilmaddog
Champion Author British Columbia

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Message Posted: Aug 18, 2013 8:19:38 AM

vehicles are more $$$$$$$$$$$$$
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zuess28
Champion Author Allentown

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Message Posted: Aug 18, 2013 8:14:11 AM

Safety is good but we don't need all those other goodies that run up the bill.
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JamesCalvin
Champion Author Lancaster

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Message Posted: Aug 18, 2013 8:14:00 AM

They finally wrote an article about it!
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Fleabite44
Champion Author Maryland

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Message Posted: Aug 18, 2013 8:12:45 AM

And it is this cost that is having us keep our cars longer and longer and upping the demand for used cars.
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merlinCO
Champion Author Colorado

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Message Posted: Aug 18, 2013 8:11:12 AM

Profits up yet they don't pay off the US people.
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