The Auto company loans?

Why is one fact being hidden, or is it?

Assuming we did give the auto companies more money to operate, just how would they then SELL these cars they would make?

Where will the dealers send the customers, who want to buy, to borrow the money? There is little credit now for most and down payments are way too high for most!

Am I to assume that the hidden part is billions more for the car finance companies?

I don't see how we can continue this sort of thing for every industry in trouble!

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Survival in a Recession
Submitted by skyspy on Fri, 11/21/2008 - 12:17pm.

When you build good quality products they sell even in a recession. If your product doesn't sell, chances are people don't want it. The big 3 need to take this downturn as a big hint.

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sky-spy: autos
Submitted by Nitpickers on Fri, 11/21/2008 - 3:28pm.

I see a lot of Ford Expeditions and others with over 200,000 miles on them, running strong with good paint!

Ford Victoria can not be beaten!

Chevy, of course, is legendary!

Chrysler made many excellent mini-vans in the 90s.

NOBODY wanted a hybrid!

Now, as to the Toyotas and Hondas, etc., the run and sound like a home sewing machine and require the dealer to re-tune them every year or two at an exorbitant fee!
They serve as a conversation piece for the current generation and one back!

The USA pioneered mass vehicles for everything imaginable. Made millions of workers middle-class who used to be low-end wage earners.

The unions and management did screw up the business plan in order to try and overcome their lack of attention to some quality problems, and the fact that our government did little to help them compete with the fully government subsidized foreign cars!
Paying people NOT to work after say, 45-50 also hasn't competed!

NONE OF YOU HAVE COMMENTED ABOUT HOW TO FINANCE THESE CARS THAT DETROIT (OR ALABAMA) NOW WANT TO MAKE WITH TAX MONEY!
DO YOU NOT THINK THAT IS THE NEXT BAILOUT?

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