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Old 12-25-2008, 05:38 PM
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Quote:
Originally Posted by 07HEMI View Post
http://www.detnews.com/apps/pbcs.dll...812250372/1148

Should help Chrysler and GM sell some cars/trucks
I can't really agree with both Hemi and MadDog on the issue of a sales benifit from a bailout. Although a bailout combined with concessions from the UAW can make Chrysler and GM both more profitable and eventually more competitive ,It won's help sales a bit. Sales will improve when the general public again begins buying cars and trucks. There's plenty of product out there to buy but very few people are buying. Our big 3 are not the only auto makers suffering. Toyoto ,the largest MFG. in the world is reporting losses along with Honda and all the others ..This is Toyoto's first losses year since 1941... What will help sales is not available borrowing or lower interest costs.Hell there are cars out there with ZERO interest and still no one is jumping up to buy ...The solution is to put this so called bailout money directly into the hands of the consumer .How to do this equitably is another issue and even a more complex one ...
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