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no new cars, and Asian companies take market share
Posted by compaqted (more from compaqted) on Fri, 2 Jul 2004 07:18:05
In Reply to: June car sales, Leon, Thu, 1 Jul 2004 16:15:50
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The Big Three auto sales were down, as well as all the European makes. But the Japanese and Korean manufacturers were all up. The Asian makes continue to take market share.
With higher gas prices, people are looking for cars, and the Big Three have very few new ones. A Pontiac or Buick dealership looks like a used car lot. Ditto for Ford. The only standout is Chrysler with the 300M.
This is typical Big Three mentality. They push trucks, trucks, trucks... then when the price of gas goes up, the Japanese look very attractive with high quality, fresh designs. Sounds like 1974, doesn't it?
posted by 192.55.106...
Posts in this Thread:
- June car sales, Leon, Thu, 1 Jul 2004 16:15:50
- Now CNN is reporting record auto sales in July..., Scott Paterson
, Tue, 6 Jul 2004 11:21:27 - no new cars, and Asian companies take market share, compaqted, Fri, 2 Jul 2004 07:18:05 <-- Viewing This Message
- Re: June car sales, Noel, Fri, 2 Jul 2004 06:06:05
- CNN report today too... auto stocks took a hit.., Scott Paterson
, Thu, 1 Jul 2004 16:30:59
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