Crossovers will suffer the same fate as passenger cars, according to a study
, are replaced 88% of their product line in the next two years and Honda Motor Co. is turning over most of its product line.Ranger midsize pickup truck and upcoming Bronco SUV as significant additions to its lineup, remarking, “they’re essentially white space for Ford in the modern era, and depending on how Ford manages their product and pricing it could be potentially a $2 billion positive profit swing for Ford off those products alone.
Automakers will sell EV’s’ for $50,000-$60,000 to eke out a little profit, Murphy said, but market penetration will be only about 5% by 2025 and about 15% by 2030. Indeed, Murphy pointed out the cost per mile to operate a new privately owned vehicle is about a buck, but taking a taxi cab or catching a ride with Uber or Lyft is $4.00-$6.00 per mile, leading him to say, “it’s a very difficult thing to believe there will be that mass substitution.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
More Republicans are supporting transgender people serving in military, despite Donald Trump's ban: Study'Compared to two years ago, Republicans are notably more supportive of transgender military service,' a recent report from Public Religion Research Institute says.
Read more »
AOC Pushes To Make It Easier To Study Shrooms And Other Psychedelic DrugsRep. Alexandria Ocasio-Cortez filed an amendment that would make it easier for scientists to study psilocybin, MDMA and other psychedelic drugs. A separate amendment would allow medical marijuana on college campuses.
Read more »
Study addresses the lack of role models and recognisable women in STEM'...when asked if they could recommend a current female role model, only one in ten of all respondents could identify any women that they would put forward to help inspire the next generation.'
Read more »
Study: 15-minutes of meditation associated with similar effects as a day of vacationMeditation and vacations appear to have overlapping effects, according to new research in The Journal of Positive Psychology. The study found that both ...
Read more »