While it would be unfortunate in the long run, thinking short term I wonder if their cars would be sold at huge cuts from the original sticker. I am thinking they wouldn't see a major cut since dealerships can still make some money, but wouldn't the cars lack a factory warranty? With Chrysler shutting down its factories for a month it seems permenant shutdown is imminent. If the US carmakers go under does it mean cheaper cars?
I don't know... but I still don't know that I would buy American, unless it was REALLY cheap.If the US carmakers go under does it mean cheaper cars?
US cars-short term yes. Foreign cars-not sure, without competition they may go higher, plus loss of US suppliers of parts that they depend on that would go under without the Big 3.
More expensive cars but they'll be better as they'll be European or Japanese. I think SAAB (part of GM) might be bailed out by the Sweedish goverment as it turns a profit and makes arms for thier military.
[QUOTE=''btaylor2404'']US cars-short term yes. Foreign cars-not sure, without competition they may go higher, plus loss of US suppliers of parts that they depend on that would go under without the Big 3.[/QUOTE]
I imagine parts would still be supplied to the foreign carmakers.
[QUOTE=''Jandurin''][QUOTE=''btaylor2404'']US cars-short term yes. Foreign cars-not sure, without competition they may go higher, plus loss of US suppliers of parts that they depend on that would go under without the Big 3.[/QUOTE]
I imagine parts would still be supplied to the foreign carmakers.[/QUOTE]
Depends whatsort of parts you're talking about, lots of foriegn companies use parts made in thier country due to lack of import taxes and lots will be made first party. Ford is the only one that i can think of staying afloat as they make some good cars for Europe and suprelight cars use thier engines or japanese ones.
higher probably. Demand stays the same but supply goes down. aside from that, some parts manufacturers may incur higher price per part as economies of scale (mass production) diminishes.
[QUOTE=''Jandurin'']I don't know... but I still don't know that I would buy American, unless it was REALLY cheap.[/QUOTE]
Personally, I like American cars more than most foreign. That's why I am curious if maybe I'll be able to get an '09 Impala for cheap :)
[QUOTE=''TwiztidJoker''][QUOTE=''Jandurin'']I don't know... but I still don't know that I would buy American, unless it was REALLY cheap.[/QUOTE] Personally, I like American cars more than most foreign. That's why I am curious if maybe I'll be able to get an '09 Impala for cheap :)[/QUOTE]
I've used American most of my life, until recently... and the foreign cars, thus far, are lasting MUCH longer with FAR less problems.
But, the experiment isn't done, yet.
There are many variables in the car industry right now. One of those is inventory sitting on lots and at the factories. They'll have to get rid of a lot of those vehicals before production can get back to where is was so we may see cheaper cars of all makes. Even Honda and Toyota have slowed down their production lines so that they can get rid of some of their exsisting invnetory. Another of the problems is that because of the banking collapse customers are having a hard time buying vehicals. I think I read yesterday that 1/4 of all (car) loans are being denied, I'll try to find the link.For the companies that are still going, foreign and domestic, parts supply could be a problem if the parts companies have a hard time getting credit from the banks. edited for spelling:roll:
You people know that most ''foreign'' cars are made in the united states?
[QUOTE=''SinfulPotato'']You people know that most ''foreign'' cars are made in the united states?[/QUOTE]And Canada. One of the 'foreign' companies employs about 5000 people in my area and allow me to be a stay at home mom. ;)
[QUOTE=''SinfulPotato'']You people know that most ''foreign'' cars are made in the united states?[/QUOTE]
My car was made in Marysville, Ohio! :o
The car companys ''will'' survive wether they get the bail out or not.
[QUOTE=''SinfulPotato'']You people know that most ''foreign'' cars are made in the united states?[/QUOTE]
Well yes foreign car companies set up US based factories so they can cut on importing fees. The US does the same with countries such as India and what not. Countries that are massive consumers of motor vehicles (such as the US, India, China, Japan etc) are going to all ''set up shop'' in foreign countries. The reason a Lamborguini is $100,000 is part in part due to the fact that they make like 5,000 a year tops in maybe 2 factories in Italy so they charge a ton on shipping alone...when I was in europe (germany) I saw more performance sports cars (lambs and ferraris) than I have ever seen before..
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