Top 10 New Vehicles Purchased During Cash for Clunkers

[CoolBreeze]

Every Top-Dog in business eventually gets fat and lazy and greedy it seems. (Detroit for instance)
There's always an underdog waiting in the wings to make a better product in order to dethrone them.

The biggest issue for these big proud companies is the inability to cut back when necessary and re group. They see this as a sign of weakness. They are much too big and important to appear weak. So, like GM and many other companies, they take their problems right over the cliff in a mass suicide instead of addressing the issues upfront. This "could" happen to Toyota or any other company for that matter. But I don't think they're that stupid myself.

[fearpeddler]

almost every time I've ever given anyone the "they cant be that stupid" thought they've always proven to me just how friggin' stupid they can be...

[genlock]

The problem that Detroit car makers have, is that the public perception of their cars
overpowers the reality of the facts. Detroit MAY have some well-built, reliable cars.
The public remembers the Pintos, Vegas and other pieces of crap that they bought.
If the public purchased a Camry or Civic in the meantime and it performed wonderfully,
that memory would amplify the perceived poor quality of Detroit cars.
I wonder if Detroit can last long enough to outlive that legacy.

[fearpeddler]

I doubt it

[cgarison]

The public remembers the Pintos, Vegas and other pieces of crap that they bought.

The fact that you could get a factory built V8 Vega made it one of the most cool cars that people were ashamed to own.

[CoolBreeze]

.................AND TO GIVE YOU THE RESULTS OF THE CASH FOR CLUNKERS:

A vehicle at 15 mpg and 12,000 miles per year uses 800 gallons a year of gasoline.

A vehicle at 25 mpg and 12,000 miles per year uses 480 gallons a year.

So, the average clunker transaction will reduce US gasoline consumption by 320 gallons per year.

They claim 700,000 vehicles – so that's 224 million gallons / year.

That equates to a bit over 5 million barrels of oil.

5 million barrels of oil is about ¼ of one day's US consumption.

And, 5 million barrels of oil costs about $350 million dollars at $75/bbl.

So, we all contributed to spending $3 billion to save $350 million.

How good a deal was that ???

[fearpeddler]

wait jerry, remember!?!?!?! the obama people do no wrong, someone must have crunched those numbers improperly!!!!

mark my words, him and his 2 little federal reserve toadies are gonna tank this country beyond recovery in about 2 more years....

[Bob Campbell]

And if everybody only drives those cars for one year, that's all it will make. Of course if they drive them for 7- 8 years, well, you can figure it out.
Not to mention the jobs restored at the more than half a dozen auto plants that re-opened. God forbid we start building cars in America again.

[genlock]

Thank goodness that Toyota, Nissan and Honda are built here in the USA by non-union workers.

[genlock]

http://www.gm.com/guarantee/?brandId=gm ... yGuarantee



Apparently General motors has finally developed a car that will last 60 plus days before falling apart.