Didn’t have time to mention about foreign cars. The foreign starting with Japanese making affordable cars was economically awake during that time while American manufactures were still stuck on their large models and muscle cars but they were gas guzzlers.
40 years ago there was a correlation between sharp increases in gas prices and gas economic cars.
You could buy a toyota or VW and get about twice the miles in a full tank. It wasn’t just themselves it was survival. Two things could of happened. American cars could of made theirs more gas efficient and Gov could of did something about the rising gas prices. Would of could of should of. Between 1970 and 1980 the price of gas almost tripled in price and with it the demand for gas efficient cars. It probably still wouldn’t of stoped them from outsourcing the work.
https://www.energy.gov/eere/vehicles/fact-915-march-7-2016-average-historical-annual-gasoline-pump-price-1929-2015
Mr Copper
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