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  • Auto Sales Down but Not Out [View article]
    Let's see.... US manufacturers sell about 99% of their production in the US. Nobody else in the world wants our gas guzzlers.

    Unemployment is growing rapidly, especially among those who make enough to buy a new car. Fuel costs are a substantially greater portion of the family budget. Where exactly is the good news ??

    Sure, GM & Ford have divisions in other countries that will survive. But domestic production is all drowning in personnel costs that are absolutely unsustainable.

    RIP US auto industry.
    Nov 04 13:45 pm |Rating: 0 0
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