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Ford, GM, and Chrysler are badly managed, over indebted, companies making expensive, yet crappy, cars no one wants to buy.  
by ATinNM on Sat Oct 11th, 2008 at 10:54:14 AM EST
[ Parent ]
The US business model for auto sales has for a long time been zero or low financing. Oddly the financial divisions of the big 3 have often been the only part of the business turning a profit.

That's a double whammy for the consumer - expensive to run, impossible to buy. US dealerships are folding like marquees in a storm. I'd guess the winners in this - if there are any - would be the workshops. Maintenance will be needed, mods and tune-ups to use less fuel, etc. Maybe some Cuban mechanics could be imported ;-)

You can't be me, I'm taken

by Sven Triloqvist on Sat Oct 11th, 2008 at 11:16:28 AM EST
[ Parent ]
Sounds like Volvo and Saab, no surprise they were bought by Ford and GM.

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid (arvid.hallen at gmail.com) on Sat Oct 11th, 2008 at 11:39:10 AM EST
[ Parent ]

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