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Auto Manufacturer Bailout - Page 3

Yes I am sure it will be hard for them to manage. Perhaps they would be wise to donate say 5 years of wages. Just hard to feel sorry for any with that kind of money. I am glad they at least made a gesture though.

Bailout Manufacturer Auto

Well, basically take the $25 Billion in rescue package and add another 6% to 10% to the total and start sending that out to the state governments. With the car sales being down so much that LARGE chunk of revenue for the state governments is going to be missing when they try to figure out if the states are running at a deficit. The payoffs just keep getting more and more and more....

Auto Manufacturer Bailout Reviews Consumer & Travel Family Culture

They are asking for something like eleven billion more now. Of the big three I understand that Ford really does not need the money and they are only there "in case" they do.

Page 3 Bailout Manufacturer Auto

Ford is in somewhat better shape. Their sales have only decreased by 31% in comparison to 41% for Chrysler and 35% for GM. I would say that they can today say that their hand isnt out and that probably feels good. However, I do think they know that if this environment continues, their hand will be out just like the other two, so they arent too cocky right now.

Bailout Manufacturer Auto

I still say that we need to nip these bail outs in the bud. We seem to be handing out more and more and while we do that more companies are getting in line to get their own little hand outs too. IF Ford does not need the bail out then the other two do not need it. Lets keep the money in the hands of the tax payers instead.

Auto Manufacturer Bailout

I think the three company might just have been asleep at the wheel and needed to revamp their line up years ago. Now they reap the reward of poor forethought.

The Canadian market I think fared better then the American counter parts thus far as we have not been hit as bad y the recession yet.

But I agree Klar if Ford can with stand a 30 % hit them GM is fine. I think Chrysler was it harder due to the dependency of the light truck market they had. Sorry but the fuel price killed them I think.

Toyota was up this November month in sales from 2007 so I think the big three missed the boat 5 or 6 years back in not releasing more fuel efficient cars. Chevy has had many great fuel efficient roomy cars in the past but dropped them and their market share by not continuing to make them. Instead they folded to the oil company pressure to keep the mileage on their products lower. Now they should take it on the chin and stop the complaints when they have put their customers interest on the back burner for so long.


Here is an article on the Canadian market as of last month.


Source 3

Nice to see Honda and Toyota have a positive outlook on the bailout being offered to the other companies. Mind you it is also good pr for them as well.

Auto Manufacturer Bailout - Page 3

Yes back int the late 70s and early 80's we had cars that got better milage than most of the cars we see on the road today. IF they had kept working on better milage cars we would not be in the fix we are in now and they would be better off. But I guess hindsight is 20/20.

Auto Manufacturer Bailout Culture Family Travel & Consumer Reviews - Page 3

klar even in the 90's there were cars getting 40 mpg few select models but they were there. Greed is very blind indeed.