Re: OT The dirrection of the American automakers in the next 4 years.


"Robatoy" <Counterfitter@xxxxxxxxx> wrote in message
news:debad56c-bf86-47b7-991e-
Now what would happen if republicans were to design cars....oh..,
wait... we have Hummers and Ford Explores and Cadillacs already.


I was reading a rather long article on MSNBC about the GM car that is
getting the most up front coverage at the moment. The journalist seemed
rather surprised that GM was pushing the Chevy Camaro V8 over the Chevy Volt
and or other Hybrid vehicles. We went on to say that one of the higher ups
with GM drove a gas gusseting Corvette. That was when I quit reading.

Had the journalist done some research he would have found that the Corvette
actually gets pretty darn good gas mileage. My neighbor has a newer model
Corvette and took it on a road trip from Houston to Florida. His average
gas mileage was just over 29 MPG.

GM builds/built what sells/sold. Unfortunately the cost of labor was way
way way in excess of fair market value, as were the benefits packages for
it's employees. Unfortunately the quality was not up to par as a result.
It will be interesting to see how the labor unions will position themselves,
come contract renegotiation time, when its flock owns 30% of the company.

You can thank the price of oil, and reckless consumer spending on items they
could not afford in the first place, for the fall Detroit.
IMHO, like periodic "stock market corrections", past consumer purchases
are now going through a correction period.

Veering of on a tangent now,

What a majority of the American people need is a healthy shot of "how to
handle your money". I blows me away that there is no public education on
why you should walk away from a 30 year home mortgage and only consider a 15
year or less home mortgage. If you can't afford 15 year mortgage payments
you really should be considering a more affordable house. If you cant
afford a car loan for less than 4 years you really should be considering a
more affordable vehicle.


.

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