I have a theory: I think it was a hedge against politicians potentially investing in public transport. If some brave politician comes along, doesn't need money from car manufacturers and decides to build public transport infrastructure, it will be a big financial drag on the US car market. A second Trump term could have gone that way: https://time.com/4247162/donald-trump-trains-infrastructure/.
If you were also one of the leading railway makers, it would protect you from such a thing because you could make money from government contracts to make trains instead. In the coming elections, it is very unlikely that Trump is coming back nor is the Democratic party going to win any elections at least in the next 6 years so railway isn't happening... hence this move.
If you were also one of the leading railway makers, it would protect you from such a thing because you could make money from government contracts to make trains instead. In the coming elections, it is very unlikely that Trump is coming back nor is the Democratic party going to win any elections at least in the next 6 years so railway isn't happening... hence this move.