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Traction Control On = No Spin
Author: Anthony
Blog URL: http://www.vehiclevoice.com/membership/blogs/aa
Description:
The facts of the automotive industry which the media doesn't wish to report on. Hard blunt opinions which stray from the usual press conference spin commonly reported on.

On this blog, the traction control is always on, and the stability control keeps it on course. Fasten your seatbelts...
July Sales, or Lack Thereof?
Anthony
OFFLINE

For the first time ever, the foreign automaker's sales have eclipsed those of the traditional domestic manufacturer's holding on to a 48.1% stake of the pie.  Careful, the pie filling is hot and it's just starting to burn. Saddled by legacy costs, the United Auto Workers Union, and the Japanese governments manipulation of the Yen, the domestic automakers face an uphill battle to regain,or even keep their share of the pie. 

So who gets to celebrate really?  A weak economy, record home foreclosures, slow home building industry, are the supposed culprits. Of those, all American's will suffer at one point or another and the impact will certainly be felt.  It's not about the domestic manufacturer's having slow sales, rather, all major manufacturer's had less than expect results.

Days ago it was reported how some European manufacturer's might have to open more American plants, because of a weak dollar.  It costs them more to build their vehicles in Europe, than it would be here in the U.S.  Ironically, as we send jobs overseas, the European manufacturer's  are bringing some over...but why stop at just the U.S., a few miles south in Mexico they might get more bang for the buck.

Although that strategy hasn't worked well for Volkswagen which it's Mexican plants have constantly delivered sub-par reliable products which have consistently rated towards the bottom of JDPower's reliability ratings.  A major turn-off which might be keeping Mercedes-Benz and BMW from going that far south...Which both themselves, already suffer from the same issue to a lesser extent.

What you won't hear is:  The price of oil will continue to climb. It's not a matter of IF, rather, WHEN will it hit $100 a barrel?

What you won't hear is:  Because of the weak dollar, the oil barons in the middle East are simply saying "HEY American's, your dollar is not worth much to us, and for us to turn around and use that money to buy other things internationally, we need to charge you MORE for oil.

But I told you....

08/01/2007 1 Comments | Add Comment
 
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