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Obama to Detroit: "You Can't Just Make Money on SUVs and Trucks"
Rush Limbaugh Show ^ | August 16, 2011 | Rush Limbaugh

Posted on 08/22/2011 3:16:55 AM PDT by Son House

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China bought 18 million cars last year.

The US about 11 million.

When American buys 11 million cars, a significant number rolls off the back end as old clunkers.

Not so with China. They don’t have old cars to roll off the back end.

Behold why oil stays high, and is going higher.


21 posted on 08/22/2011 4:35:14 AM PDT by Owen
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To: Owen
Behold why oil stays high, and is going higher.

Well, there is that thing about the pathetically weak Dollar policy "Helicopter Ben" is fronting.....

22 posted on 08/22/2011 4:52:13 AM PDT by Thermalseeker (The theft being perpetrated by Congress and the Fed makes Bernie Maddoff look like a pickpocket.)
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To: Recon Dad

SUVs and trucks are what kept the Big Three afloat for years. It subsidized the making of passenger cars (which they were losing $$ on). It IS an issue that the Big Three are not profitable in this area. When Truck/SUV sales slowed due to recession & high fuel prices, 2/3 of them went bankrupt in 2008 (and Ford nearly did too).

The profitability issue was tied to two things: 1) lack of sales (due to poor brand design and quality) and 2) union labor strangling profits. Hopefully, these issues have abated to some degree. I really like Ford’s current lineup and will probably buy an Edge next time around.


23 posted on 08/22/2011 5:10:08 AM PDT by rbg81
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To: al_c

Trucks and SUVs are what has kept these companies afloat.


24 posted on 08/22/2011 5:24:05 AM PDT by Roklok
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To: Roklok

Wonder if the UAW knows this.
More force from the obama regime.
When to the layoffs start up again?


25 posted on 08/22/2011 6:14:28 AM PDT by Texas resident (Hunkered Down)
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To: Darksheare

You'll drive what Comrade Obama wants you to drive, and you'll like it, Citizen.

26 posted on 08/22/2011 6:22:31 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: andy58-in-nh

Cimmaron, by Cadillac!
*Nnoooooooooooooooooo!*


27 posted on 08/22/2011 6:34:25 AM PDT by Darksheare (You will never defeat Bok Choy!)
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To: Darksheare
Cimmaron, by Cadillac! *Nnoooooooooooooooooo!*

LOL. Now, that car was an utter disaster for GM: fatally flawed from concept to execution. A Chevy with a Caddy hood ornament.

28 posted on 08/22/2011 6:57:29 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: andy58-in-nh

“I know, let’s take a Cavalier, throw a Caddy badge on it... *giggle snicker* Then charge people MORE for the same car! They’ll never figure it out!”

“Genius work, you get a bonus!”

Or how about that “New GTO” brainchild.


29 posted on 08/22/2011 7:09:45 AM PDT by Darksheare (You will never defeat Bok Choy!)
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To: Son House
Even if gas were $10.00/gallon I would still drive my Yukon Denali XL.

Simply, it provides versatility, safety, comfort, power and utility that are not available in most other vehicles, certainly not in a tiny, cramped condescension LeftMobile.

It is about personal choice and freedom, AKA as the American way.

MY America, Kenyan, not your Communist vision of racist asset redistribution, and penalization of the productive.

30 posted on 08/22/2011 7:17:23 AM PDT by EyeGuy (2012: When the Levee Breaks)
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To: Son House

“People are gonna be trying to save money.”

Exactly, and why I prefer a time-proven gas engine over some expensive, exotic battery experiment.


31 posted on 08/22/2011 2:15:25 PM PDT by TexasRepublic (Socialism is the gospel of envy and the religion of thieves)
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