On the same thread, a lot of people say that because gas is cheap now, people will stop thinking about mileage when they buy a car. I think a lot of people will realize there is long term risk to buying a gas guzzler. If you plan to keep it for 3-5 years, you don't know what gas will cost in 1 year, much less 3 years.
You've been saying this for a while. But the reality is that most people, I think, understand that we're seeing only a temporary respite in the price of gas. We could well see $5, even $8 gas, in the next 2-3 years.
The problem with GM is not gas guzzling. This is a popular liberal myth. A small part of the problem? Sure. But as I've pointed out MULTIPLE TIMES on this thread, ALL car sales are off dramatically, not just gas guzzlers.
Pimps, rappers, and doctors are still going to buy Escalades, and it doesn't matter how much gas they burn.
GM is in trouble because while the other OEMs were accumulating money, American OEMs were paying their employees NOT to work. There simply isn't any doubt about this, we know what the numbers are. GM would have turned a PROFIT last quarter were it not for the higher personnel expense resulting from the union stranglehold. If you would shut down your liberal ideology for 10 minutes and spend the time actually reading their financials and analysts commentary, you would know this. |
