Overcapacity In Europe: It's Worse Than We Thought

A report by Alix Partners, an automotive consulting firm, spells out what we at TTAC have been saying for some time; Europe’s auto industry is facing a major crisis of overcapacity, but no steps have been taken to remedy the matter.

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  • 6-speed Pomodoro I'm not opposed to an EV, but I have no idea what one would have to have or look like to compel me to buy one. The three things I look for in a car are seat comfort, sound, and a stick shift. I generally think I'm waiting for at least the generation after the next generation for engineers to figure out what makes EVs worth driving. That puts us around 2030, so why worry about it? But who knows. Maybe Honda will ace the compact sports EV with an s600amp and pull me in.
  • THX1136 Agree with SCE, the cost alone puts me out of the equation. Would I like an EV Charger, sure but see previous sentence.
  • IBx1 The only thing that stops a bad guy with a [Milwaukee Sawzall for stealing catalytic converters] is a good guy with a [Hydrochloric Acid 37%].
  • SCE to AUX Well, this is one reason to go electric.
  • THX1136 According to carbrain.com the cost for catalytic converter 'repair' is between $945 and $2475. They claim the converter cost itself can be up to $2250. Figuring $880 a unit doesn't seem too far out of line if the carbrain info is accurate. Wonder if gas theft is still going strong on the west coast also?