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Reply #26: So nobody is buying cars, whether foreign or domestic [View All]

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IDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-10-08 01:42 PM
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26. So nobody is buying cars, whether foreign or domestic
Edited on Wed Dec-10-08 01:45 PM by IDemo
But given a bailout (or loan, doesn't make any difference), the skies will open, the light will come down, and sales will magically zoom off the charts? The side of the equation no one is discussing is that even if auto companies are able to keep the lines running, and produce reliable high mpg vehicles, the demand for cars has plummeted. Dealer inventories are overloaded. Even the vaunted Prius's (Prii?) are stacking up on the loading docks.

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