Posted on 08/22/2011 3:16:55 AM PDT by Son House
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.
Well, there is that thing about the pathetically weak Dollar policy "Helicopter Ben" is fronting.....
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.
Trucks and SUVs are what has kept these companies afloat.
Wonder if the UAW knows this.
More force from the obama regime.
When to the layoffs start up again?
You'll drive what Comrade Obama wants you to drive, and you'll like it, Citizen.
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.
“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.
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.
“People are gonna be trying to save money.”
Exactly, and why I prefer a time-proven gas engine over some expensive, exotic battery experiment.
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