Monday, June 23, 2008

US Auto Sales Continue Collapse


2009 Ford Pickup

Auto analysts painted a grim picture for the sector, which has been hurt by a collapse in demand for pickup trucks and SUVs amid record high gasoline prices.

Reuters

4 comments:

sally said...

Remember back when Detroit said Americans didn't want/wouldn't buy gas-sipping commuter cars?

Now they are being crushed by the imports. Honda is about to introduce a hybrid FIT which will bring the hybrid to the volkswagen bug crowd.

Detroit is run by greedy a-holes if they couldn't see the market for hybrid FIT cars coming.

But what do I care? Off to work on my bike. Total vehicle fueling expenses today? A homemade burrito for lunch and an apple. About 86 cents, total.

WillySF said...

Donating my car to charity back in 2000 was the best thing I've done in my life so far. Now I'm trying to convince everybody else!

Anonymous said...

good job with the willy power.

dennis said...

Besides the Federal goverment looking into possibly bailing out the auto industry.. Why dont the big three oil companies ExxonMobil, Chevron and ConocoPhilips look into ways of helping out?? They once again posted record profits and besides oil and cars work hand in hand..The big three can loan the auto industries a couple of billions of dollars which is pocket chanage to them and help them to get back on track..help to speed up the process of making more fuel efficient autos in which in the long run will allow the big 3 oil companies to yet increase their profits as well as allowing them to exist even longer on account of all the talk of oil soon running out!!! Does anyone agree??

dennis