In new cars, if manufacturing efficiencies are moving forward quickly, even with declining new car prices, margins can grow substantially.
But for that to happen in any car company, they must do innovative engineering and reduce the number of parts, number of robots and number of line workers like crazy.
Some car companies are engineering rapidly as we speak.
Without naming Tesla, does anyone know of other companies making massive changes in the way thst they make parts and assemble cars?
Perhaps BYD is doing stuff like that. The other Chinese companies are doing similar things. But am unsure about how companies who are not doing that now can protect or grow margins as they compete with lower prices.
Any ideas about Toyota, VW, Stellantis, Ford or GM.
Engineering can really help manufacturing compete.
The Chinese are pushing rapidly as is my favorite company.
Just asking if anyone has researched their favorite car companies?