Seeking Alpha

User 169775 » Comments » Single Comment |

  • Detroit: Tow Ridiculous [View article]
    bobjou:

    I don't see the point of your complaint. The current market conditions is awesome for you country folks who need to buy SUVs-- The carmakers are offering them with 0% financing or incentives up to $6000. It's a great time to buy an SUV if you actually need one.

    Fact is 79% of the U.S. population lives in urban areas according to the 2000 U.S. Census. Most of those folks don't need to haul bushels of crop or tow trailers with livestock, and with fuel prices being what they are, it is only natural that they are migrating to 4-cylinder cars. U.S. carmakers have encountered this situation before in the 1970s, apparently they never studied history so now they are doomed to repeat it.

    Market forces at work.

    Aug 09 18:48 pm |Rating: 0 0
All Comments by User 169775 »
Comments by Ticker
User 169775's
Comments Stats
58 comments
Rating: 1 (6 - 5 )