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2009 Predictions for the Auto Industry

76 messages,  Last post on Mar 09, 2009 at 2:22 PM

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#11 of 76 Re: Jobs Bank [anythngbutgm] by steve_ HOST Dec 04, 2008 (8:38 am)
Replying to: anythngbutgm (Dec 04, 2008 4:44 am) That's what I hear too, but the spin is that the UAW can unilaterally suspend the Jobs Bank but would have to renegotiate the contracts to kill it. And they are saying that renegotiation is possible, so ....   There's a ton of bailout news on AutoObserver this morning.   Check out Do You Favor A Government Loan To The Detroit 3? too.
#12 of 76 by tlong Dec 04, 2008 (8:54 am)
1. GM gets bailout and some concessions, but sales continue to tank. More money wanted from Congress by midyear and more tough cuts again. GM in bankruptcy by end of '09. Wagoner is not fired by useless board until after BK. 3. Volt is abandoned. 4. Ford doing better. 5. Chrysler broken up for parts. 6. Honda and Mazda doing better than most. 7. Toyota faltering some, but not nearly as bad as GM. Replies to this message: berri (Dec 04, 2008 12:26 pm)
#13 of 76 Re: [tlong] by berri Dec 04, 2008 (12:26 pm)
Replying to: tlong (Dec 04, 2008 8:54 am) And maybe Nissan gets into trouble again as well as some of the lesser Japanese makes like Suburu (although they have some deals with Toyota), Suzki, etc.
#16 of 76 Here we go... by bpizzuti Dec 05, 2008 (12:39 pm)
Chrysler dies, GM abandons the American market, realizing that they don't know how to make cars Americans want to buy without taking a loss on it. Ford and Nissan have a bidding war over Jeep, and wake up to realize Hyundai bought it. Tesla buy's some of the abandoned manufacturing lines, and becomes a major car company. Tata buys GM, returns to the US market with the Chevy Nano, thereby reducing population pressures with a high accident rate from driving the lowered SS version.
#17 of 76 Prices by weinjohn Dec 05, 2008 (1:24 pm)
With all the talk about how their sales are suffering, way the heck don't prices fall a good 40-50% on all vehicles and not just those people are not interested in? Even GM's red tag sale amounts to only a 10% sale. If they really want to move those vehicles and start building again prices are going to have to fall a lot more. I know I'd buy a new car if the darn price made it worth to do so. Wake up auto manufacturers, time is running out!!!! Replies to this message: bvdj84 (Dec 07, 2008 7:34 am) lemko (Dec 08, 2008 5:53 am) bvdj84 (Dec 08, 2008 9:26 am) kdhspyder (Dec 08, 2008 4:59 am)
#18 of 76 Re: Prices [weinjohn] by bvdj84 Dec 07, 2008 (7:34 am)
Replying to: weinjohn (Dec 05, 2008 1:24 pm) That is the issue with Chrysler/GM cars, you buy them, and your value is already, before you buy it, You are so upside down, that most of your loan life will be spent mostly upside down.   I do believe that the cars mentioned that GM is not focusing on will be neglected, and will be forced to eliminate the brand all together. People are already going to think twice about buying a GM car, because of struggling values and company issues. Other than a great deal they can offer on a Red Tag event. Don't hold your breath.    What most fail to realize that they offer on the Red Tag is discounted off the MSRP, not the actual sale price. Most cars are not being sold at exactly MSRP, and we all know it would be silly to do so. So, I wonder if they would give the sale price, then take the discount after that. That is what should be happening. I know my new cars in the past, went down a bit off of MSRP. So, if you had a car of $24k, I got the car for $21k-23k. With people all paranoid about the company, that will really play a role in what car people get. I am seeing more people get other cars other than GM. Like nissans, Honda, Mazda, VW. GM/Chryler had this coming! I think GM is already and has been focusing on just a few of their cars, the rest of them are just cars with wheels. Now, their just making it public knowledge. Even better for their sales. Go on Ebay, you'll see brand new 08's for dirt cheap. Some of which been on sale for a long time.   GM really could be a great car company, if they can make all their cars with quality and value. It will take time, lots of time to recover from this giant smack in the face, If GM takes Chrysler under their wing, I believe it will take down the company. My local dealer has cars piling up like crazy. I am seeing more Honda though! In the Spring, I will leave my 08 GM car, for a Honda/Acura. Won't look back. Many behind me are feeling the same way. Replies to this message: lemko (Dec 08, 2008 5:53 am) bvdj84 (Dec 08, 2008 9:26 am)
#19 of 76 Re: I also believe [boaz47] by bvdj84 Dec 07, 2008 (7:46 am)
Replying to: boaz47 (Dec 04, 2008 7:37 am) I have owned 2 VW leases for about 5 years now, no problems thus far. I have an 08 VW Jetta SE, superior in quality, drive, even the metal is thicker, doors slam solidly. See with customers never letting company live down a weakness that they have had in the past, but better now. VW is doing very well. but all cars can improve. People won't ever let GM live this down for a long time. It is a great time to buy a used car, highly advised, as you can get a great car without taking a hit in value. The used dealer lots are loaded with cars, sitting since summer. I like how some dealers price the car the same number as a brand new car with no miles. haha. yeah, sure.

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