I am going to go out on a limb and say that auto sales are going to continue to perform poorly. As long as oil prices continue to rise against a weak dollar, can we expect more of the same? Everyone I know is sick of driving an hour to work and paying double the price for fuel. Unfortunately, all the vehicles made today are major gas guzzlers and oh, by the way, the EPA estimates have been incorrect forever.
http://autos.yahoo.com/green_center-article_153/
Aug 1, 2007
How the EPA ruined the auto industry
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2 comments:
I think it's funny that you blame the EPA as opposed to the UAW. If you're talking about gas prices you might want to talk about foreign policy.
The UAW are in the fight of their lives - without the backing of the one group that can help them - G8 government trade policy.
Leaving the UAW's flaws alone for a minute, I suggest taking a look at a few www.aircarmagazine.com for some other, less frustrating alternatives that are available to us 2 hour per day commuters.
Hope this helps -
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