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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: rubed who wrote (12324)	4/21/2004 12:20:50 PM
From: Wyätt Gwyön	Read Replies (4) \| Respond to of 110194

the reason all the rental cars are American is that the car makers give the rental agencies very cheap deals. the Japanese don't need to do that, since they know intelligent buyers will pay real money for their cars. the fleet sales don't make much if any money, but the US carmakers would have to pay the union workers anyway, so they cut the deals. rental cars are like the "make-work" of the auto industry. back them out and you can see the fall in demand for US vehicles has been atrocious.

To: rubed who wrote (12324)	4/21/2004 12:48:17 PM
From: Silver Super Bull	Read Replies (1) \| Respond to of 110194

OT Rube, RE: "Last American car I had was ten years ago and it cost me a mint." My experience with American cars has been highly mixed. I own 2 GM cars from the '70s and they are incredibly good. From the '80s I have owned 2 GM cars and 1 Ford. All were highly problematic, with serious quality issues. This is the decade which "did in" GM and Ford, IMHO. The cars' quality was atrocious. I haven't owned any domestics since, but know of relatives who have owned 2 GM cars from the last 5 years and quality has been a serious issue. I have also owned 1 Honda and 1 Nissan and they have been great. DB