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Automotive News & Views Do You Favor A Government Loan To The Detroit 3?
3958 messages, Last post on Oct 02, 2009 at 4:52 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: circlew (Jan 06, 2009 5:17 pm) 2007 - 427,450 2008 - 452,330 -5.5% year/year Isn't that an increase?  (could be world???) This is what I just found;HERNDON, Va.— Volkswagen of America, Inc. today announced December 2008 sales of 17,577 units, a 14.4 percent decrease over December 2007. Full year sales of 223,128 total units for 2008, was a decrease of 3.2 percent verse 2007 sales.
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Replying to: steve_ (Jan 06, 2009 6:20 pm) Don't know how they can even predict this. GM was losing money in 2007 when their sales were 20+% higher. With sales in the tank and even making cuts, I don't see how they can stop the bleeding when their products are not moving off the dealer's lots without massive incentives. |
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Replying to: driver100 (Jan 07, 2009 7:10 am)
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Replying to: gagrice (Jan 07, 2009 7:28 am) |
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Replying to: driver100 (Jan 07, 2009 7:10 am) Volkswagen of America Inc. 12/07 32,697 12/08 39,864 -18.0% from Dec. 2007 2007 427,450 2008 452,330 -5.5% from 2007 Market Share 12/08 3.6% 12/07 2.9% YTD 2008 3.2% YTD 2007 2.8% WSJ Regards, OW |
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Replying to: circlew (Jan 06, 2009 5:17 pm) 
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Shouldn't the consumer, after decades of over-consumption, be allowed to digest the over-indebtedness and save, rather than be encouraged to take risk? Shouldn't companies, no matter what state they reside in from a political point of view, if run poorly, be allowed to fail or forced to restructure? Should taxpayer money be used to make up for the mishaps at financial institutions or should we allow them to wallow in their own mistakes? Shouldn't free markets be free? When did Socialism make its way to our shores? How do we choose who is bailed out and who loses? Shouldn't we place blame on the politicians, bureaucrats and other "decision makers" and put skilled people in place that know how to run the businesses? Shouldn't investors, led blindly down the primrose path of "buy and hold, diversify and don't open your brokerage statement except once every 10 years" be allowed to follow the Prudent Man Rule? |
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A friend was telling me`about his first new and only new car he ever bought. A 1976 Chev Nova. He had numerous problems but the last big one was he had a trunkful of water every time it rained. He complained to his salesman, and the salesman put his arm around him and said, "Jimmy, Jimmy Jimmy, so what's the big problem, if you think about it, how often does it rain." Ever since then he has never bought a new car again, only used ones where he says, "I only pay 10 cents on the dollar for them". Moral: Another potential customer lost forever!
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You wouldn't actually buy our crappy cars any more - so now we have found another way of getting your money.
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Replying to: driver100 (Jan 10, 2009 8:11 am) Regards, OW 
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Automotive News & Views Do You Favor A Government Loan To The Detroit 3?
