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Old 01-05-2009, 11:54 AM   #1
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That's amazing, maybe car manufacturers will start lowering the prices of their cars even just a tad, that'd be nice.

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Old 01-05-2009, 04:58 PM   #2
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Not surprised. When you build a car that lasts for years they don't need to be replaced as often. This is what killed Chrysler back in the early 70's. When money is tight and you are driving a Honda, you don't need to replace it. My 93 Accord with 205 on the clock is still a very strong car, and can still hold up to my 19 year old Army daughter. Her other car is a hummer.
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Old 01-05-2009, 05:42 PM   #3
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Originally Posted by Rick V
Not surprised. When you build a car that lasts for years they don't need to be replaced as often. This is what killed Chrysler back in the early 70's. When money is tight and you are driving a Honda, you don't need to replace it. My 93 Accord with 205 on the clock is still a very strong car, and can still hold up to my 19 year old Army daughter. Her other car is a hummer.
Huh? If you factor in how many vehicles each car makers are selling, Japanese car makers still sell more cars than any domestic car company.

You need to understand that this makes a better media headline - to say Toyota have higher decline in sales rather than saying Toyota used to sell 10 million cars now sell 7mil, and Ford used to sell 5mil but now they sell 4 million.

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Old 01-05-2009, 05:48 PM   #4
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Media Stating the Obvious

Remember those are just percentages, anyone can make numbers sound good or bad. The root of the story is all automakers sales are down. Why? Well when working class people are out of work (and their the ones that buy the majority of cars) and the economy is suffering then no one will be willing to make the investment.

Give people a job and I'll bet they'll start buying cars.
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Old 01-05-2009, 07:09 PM   #5
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Owned Hondas, Toyotas, and now a Porsche, I like all of them. BTW we're long HMC. And I'll look to add around $20.00.
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Old 01-05-2009, 07:16 PM   #6
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Owned Hondas, Toyotas, and now a Porsche, I like all of them. BTW we're long HMC. And I'll look to add around $20.00.
Say what???
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Old 01-06-2009, 07:07 AM   #7
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Say what???

That is finance speak for he likes Honda's stock at $20 buy price.

I agree and doing same.

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