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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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Replying to: boaz47 (Dec 04, 2008 7:23 am)
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Replying to: lemko (Dec 04, 2008 7:28 am) That is sort of what I was thinking. It seems as if the Germans may have been caught flat footed with this economy. VW could come to the rescue I suppose but people are looking for long term dependability in this economy and that has not been a strong point for VW in a very long time. If the economy doesn't improve and if the industry doesn't respond quickly this could be a great year for the used car market.
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Replying to: lemko (Dec 04, 2008 7:28 am) |
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Replying to: anythngbutgm (Dec 04, 2008 4:44 am) There's a ton of bailout news on AutoObserver this morning. Check out Do You Favor A Government Loan To The Detroit 3? too. |
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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.
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Replying to: tlong (Dec 04, 2008 8:54 am) |
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| 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. | |
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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? |
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