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Reply #1: Ultimately may not matter within the next decade [View All]

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Home » Discuss » Places » Michigan Donate to DU
Urban Prairie Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 02:29 AM
Response to Original message
1. Ultimately may not matter within the next decade
If China and/or India ramp up their production of cheaply made vehicles, and are permitted to export them to the US. Wal*Mart-like dealerships could begin to spring up throughout the country, selling vehicles to the "new" brand of middle-class consumers, most of whom may be unable to afford or qualify for anything else, with the exception of older vehicles, if replacement parts and service are readily available.

The domestics (if any are left by then) may fold, and the Japanese and Koreans could either pull their operations out of the country or perhaps drastically cut wages and benefits (peasant-level) to remain competitive.
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