Automakers are ignoring the numbers
-did the Big Three automakers actually think that there is a market for about 4 million new automobiles every year?
The classifieds of every major newspapers are filled with cars for sale.
There are more vehicles now than there are licensed drivers, and yet they continue to manufacture at the current level of an estimated 3.69 million new vehicles per year since 1960.
The Big Three have flooded their own marketplace.
With the current state of economic affairs in North America consumers have no money to purchase new vehicles, let alone used ones.
If there are currently more cars than licensed drivers, who's going to drive all these cars that are for sale?
Wednesday, November 12, 2008
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