I know someone who works for one of the American car manufacturers who claimed they couldn’t afford to make small trucks. They are more complex because of the tighter regulations so they couldn’t make them much cheaper than big ones. Who’s going to buy a small truck when a big one coasts only a little more?
I don’t know how much of that is true, but the effects of looser regulations for bigger vehicles are pretty clear
Small trucks were outlawed by the EPA.
that’s a weird way of phrasing “the industry took advantage of regulatory capture to carve out a loophole for larger trucks”
If all the regulators are captured, then it seems rather redundant to state that everytime I talk about something regulators did.
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I know someone who works for one of the American car manufacturers who claimed they couldn’t afford to make small trucks. They are more complex because of the tighter regulations so they couldn’t make them much cheaper than big ones. Who’s going to buy a small truck when a big one coasts only a little more?
I don’t know how much of that is true, but the effects of looser regulations for bigger vehicles are pretty clear
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