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| quote: | Originally posted by XaNaX
Yes I agree, their long term problem is that in a rather short period of time the type of vehicle desired by the world's largest auto market shifted rapidly from large trucks and SUVs to smaller, fuel efficient cars. Ford and GM both have challenges ahead of them in retooling their product lines to what the customer wants today.
The issues impacting them right now and the reason their stocks are taking a beating is their inability to raise short term capital due to frozen credit markets as well as their inability to sell cars and trucks because customers can't get loans for them (also because of frozen credit markets). Fix the credit markets and the short term problems go away so they can start working on the long term ones.
How would you like to be an auto dealer right now sitting on a stale inventory of a couple hundred cars they can't sell with floorplan loans coming due and no access to credit to extend those loans. Things are bad all over in the automotive industry. |
While I agree that the credit crunch hasn't helped them, if they had much better sales, products, etc., they never would have been in this dilemma.
I do concede though, that in the short term we need to loosen up the credit markets.
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| quote: | Originally posted by bas
Dual exhaust tips on dual exhaust = QUAD EXHAUST = 300 gain in horsepower. Duh |
| quote: | Originally posted by bas
Undies with a dickhole aren't good for guys. Your balls can get caught in them. That's why I prefer to go over the gate instead of through the fence. |
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