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152 points voisin | 1 comments | | HN request time: 0s | source
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jogjayr ◴[] No.42168526[source]
Money quote:

“As automakers were profit maximizing during the supply chain crisis era, you are going to prioritize the bigger vehicles, the more expensive vehicles with their higher margins,” Tyson Jominy, vice president of data and analytics at J.D. Power, told me. “Now we just don’t have” these cheaper models.

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lenerdenator ◴[] No.42172751[source]
Ding ding ding.

We have a winner.

There's a bunch of free riders in the form of shareholders artificially driving up the price of goods.

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Cumpiler69 ◴[] No.42173708[source]
>There's a bunch of free riders in the form of shareholders artificially driving up the price of goods.

Isn't this a natural consequence of capitalism in entrenched industries?

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1. lenerdenator ◴[] No.42175414[source]
Why yes. Yes it is.

Which is why you don't put shareholders first in line for revenues.