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Automotive News & Views Can GM, Ford and Chrysler survive independently?
23 messages, Last post on Jul 16, 2008 at 8:45 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: nippononly (Jul 15, 2008 6:31 pm)
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Replying to: cooterbfd (Jul 16, 2008 2:05 am)
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Replying to: nippononly (Jul 16, 2008 7:16 am)
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Replying to: nortsr1 (Jul 16, 2008 11:19 am)
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Replying to: nippononly (Jul 16, 2008 11:31 am)
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Replying to: nortsr1 (Jul 16, 2008 11:58 am) Saw today in a news article on GM that most analysts expect Hummer to sell for less than a billion dollars. And that is with all the investment made in the dealer network, new models, and whatnot in the last five years. Can Jeep really be worth so much more than Hummer?
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"Can Jeep really be worth so much more than Hummer?" Sure it can. First of all, people are buying plenty of Jeeps, especially the Patriot, because they get real off-road capability and a bit of fuel efficiency, as well -- 4WD model averages 22 mpg. Nobody's buying Hummers because they're too expensive to take off-road, they guzzle a gallon of gas every 10 miles, and they've become vandalism targets for the eco-wackos. They used to have some brag value as suburban cruisers -- "Look at me everyone! I can spend a lot of money trying to look tough!" But that pony has done its trick, and now everyone's bored with it. Look at the numbers: A new Hummer H3 costs $31,000. A one-year-old H3 with 12,000 miles in "good" condition has a KBB trade-in value of $15,200. A new Jeep Patriot 4WD costs $18,000, and after a year it's worth $12,000. . |
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Replying to: nippononly (Jul 16, 2008 12:18 pm) Does America Even Need Its Own Automakers? may be of interest. |
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The smell of blood is in the air...  Regards, OW
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Replying to: circlew (Jul 16, 2008 7:03 pm) 
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