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To: ild who wrote (22603)	2/1/2005 3:07:58 PM
From: TH	Read Replies (1) \| Respond to of 116555

ild, Scratch my previous comment. It appears that the old list of incentives is back on the Ford site today. Yesterday there were about ten items total on this list. Very strange, but I'm going to assume that I made some error when I checked yesterday or the Ford site was having some kind of problem. fordvehicles.com So you are correct, and they need those incentives now more than ever. Just stop by a dealership. These poor bastards are dying right now. GT TH

To: ild who wrote (22603)	2/1/2005 4:06:04 PM
From: John Vosilla	Respond to of 116555

Just get another cash out mortgage from Ditech for that new SUV. Curious if anyone knows whether new car sales have outperformed in the coastal bubble markets where it has been possible to continue doing it this past year from continued double digit appreciation in home values? If true GM could be in a bunch of trouble in 2006...

To: ild who wrote (22603)	2/1/2005 8:38:15 PM
From: Elroy Jetson	Read Replies (2) \| Respond to of 116555

Upon the next expiration of the UAW contract this changes. If not incentives then how are they going to move their stuff? Who can afford to buy $40,000 trucks without $10,000 off and 0% loan for 7 years? In exchange for lower wage increases, the auto makers signed "take or pay" contracts which guarantee work for all employees. So until the contract expires, which may be this year, I forget, the labor component is a fixed cost. This means over-production of cars and trucks priced to sell at any price, just so long as it exceeds the marginal cost of buying the parts etc. Once the current labor contract expires, most expect the auto makers to cut back on their production substantially. GM and Ford are already well on their way to being banks rather than auto makers. I don't know if they are close enough to the contract expiration to be able to get less aggressive about selling vehicles. .