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Let's see.... US manufacturers sell about 99% of their production in the US. Nobody else in the world wants our gas guzzlers.
Nov 04 13:45 pm
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All Comments by axelrod608 »Auto Sales Down but Not Out [View article]
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.