This example demonstrates a simple data-reporting workflow that fetches a hard-coded JSON array of car listings and filters them by price. It shows how modular JavaScript functions, including `formatCar` and `generateReport`, process the data to display a text report of vehicles under $2,000 in a large `<pre>` element. The code uses the native `Promise` API with a simulated two-second delay in `getCars`, and relies on `JSON.parse` for data parsing. The page initially shows “Loading...” before the report appears, illustrating asynchronous data handling with plain ES modules.