Slow Market

[jhm]

Wondering if this will keep prices where they are or will they still need to offer big incentives?

http://www.msnbc.msn.com/id/19932409/

[asilverblazer]

I thought that article about Union contracts was funny, The UAW is not in the mood for making any concessions. Really, and I'm sure GM is in the mood for another raping. (Ford any other maker for that matter.)

[pm26]

Maybe there will be some decent deals out there now. I have not seen any good deals on heavy duty NBS trucks yet.

[jdonnelson]

Maybe there will be some decent deals out there now. I have not seen any good deals on heavy duty NBS trucks yet.

 

 

I hate to say it, but the UAW is the reason for a many of the domestic problems. They make them produce vehicles even when they don't need them. They have ridiculos retirement and make way too much for the education and job they do. That is why the import companies can build a vehicle cheaper. Not many of the import companies have unions. If this continues, you will just see more domestic vehicles being produced in Canada and Mexico, while the Imports get build in the US.

[jhm]

Obviously the downturn in residential housing construction is hurting sales a bit, but I really think it is the gas prices. If we see $4 gas I think truck/suv sales will plummet.

[Razor1616]

More job cuts in. That area of Michigan is already struggling. The economy there is hurting really bad...

 

 

Of those counties or county equivalents that experienced declining populations, Orleans Parish in Louisiana, which was hard-hit by Hurricane Katrina, had the largest population loss during the six-year period: 261,000. Orleans was followed by Wayne County, Mich., which lost 89,000 residents, and Cook County, Ill., with a population decline of 88,000. In 2006, Orleans Parish totaled 223,000 residents, while the population in Wayne and Cook declined to 2 million and 5.3 million, respectively.

 

 

 

 

just another reason why I didnt want to go back.

[rossn2]

And, the 2008 models have dropped the EPA Highway mileage from 22pmg to 20mpg in a 2whl drive with the 5.3 engine with the Active Fuel Management (v4/v8) option. What's up with that?

[redvett]

Expect to see $5 a gallon by next year. We are down to 21 days supply of gas here in the USA normally its about 30 days. Any disruption in the deliver or refineing will shoot prices up.

[omegafiler]

Hopefuly GM's new line of cars coming out around '09 will help them out a bit. They have a good product now, it's just too expensive given their competition. Add that to high gas prices and it doesn't look good for GM trucks.

 

But if sales and profit do go down enough, they unions will have no choice but to give up more ground.

[CalixEros]

And, the 2008 models have dropped the EPA Highway mileage from 22pmg to 20mpg in a 2whl drive with the 5.3 engine with the Active Fuel Management (v4/v8) option. What's up with that?

 

The EPA has revised the way they measure fuel economy. This has been known and discussed for over a year now...

[forgottenmemory]

More job cuts in. That area of Michigan is already struggling. The economy there is hurting really bad...

 

 

Of those counties or county equivalents that experienced declining populations, Orleans Parish in Louisiana, which was hard-hit by Hurricane Katrina, had the largest population loss during the six-year period: 261,000. Orleans was followed by Wayne County, Mich., which lost 89,000 residents, and Cook County, Ill., with a population decline of 88,000. In 2006, Orleans Parish totaled 223,000 residents, while the population in Wayne and Cook declined to 2 million and 5.3 million, respectively.

 

 

 

 

just another reason why I didnt want to go back.

 

last one out of michigan, turn the lights off.

[SweatyAppleSauce]

saying we will hit 5 dollar a gallon gas by next year is dumb. Its like yelling fire in a crowded movie theater. Don't make people worry about something that is entirely dependent upon so many factors. IF gas does hit 5 dollars a gallon, we will have more to worry about than our GM trucks. The American economy will go belly up.

[jhm]

saying we will hit 5 dollar a gallon gas by next year is dumb. Its like yelling fire in a crowded movie theater. Don't make people worry about something that is entirely dependent upon so many factors. IF gas does hit 5 dollars a gallon, we will have more to worry about than our GM trucks. The American economy will go belly up.

Disagree with your assumption the economy will go belly up. If you look at gas prices over the years adjusted for inflation, we are not paying a much larger percentage of our income as some think. If gas hits $5, which it definately will do at some point, it may drive people to change thier driving habits and choice of vehicle, but the economy will not go belly up. If it was that fragile, nobody would be investing in US bonds, but foreign countries are buying them up. They know our economy is resilient.

http://www.cato.org/pub_display.php?pub_id=6440

[TEE]

I wouldn't bet on it.....I say it will be $4 @ gallon by Labor Day

[SweatyAppleSauce]

lets put it this way, right now minimum wage was just raised to 5.85. If gas does hit 5 a gallon, thats obviously only an 85 cent difference. Bad things WILL happen