Anonymous
Anonymous asked in Cars & TransportationOther - Cars & Transportation · 6 months ago

Why aren't there many startups or new entrants in car manufacturing space?

5 Answers

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  • Jay P
    Lv 7
    6 months ago
    Favorite Answer

    The start-up costs are enormous and there is already stiff competition from established brands.

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  • 6 months ago

    FEW people have the kind of $$$$$$$ it takes.

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  • Scott
    Lv 6
    6 months ago

    Because there's billions in up front costs to start manufacturing automobiles.

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  • 6 months ago

    It might have something to do with the up front capital costs being in the order of ten billion $ or more.

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  • 6 months ago

    An world-sized economy of scale is required.

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