US Automaker Woes Continue. - TriStateTuners.com :: Home of Tristate Auto Enthusiast

The Captain · 09-03-2008, 03:21 PM

http://money.cnn.com/news/newsfeeds/...0_FORTUNE5.htm

GM sales fall 20%
Ford falls 27%

Rut Roe.

ozthunder · 09-03-2008, 03:35 PM

That explains why Hummer is supposed to be sold by year's end..

SUPRARICE87 · 09-03-2008, 03:42 PM

well it looks like everyone is dropping.

Nick 95 6sp · 09-03-2008, 05:03 PM

Since Toyota is at the top of the heap now adays, it shows how bad the market is when they are down 9.4%, though that's not as tragic as 20%+.

Did you see/read the reports that Cerberus Capital Management L.P. who now owns 80% of Chrysler (Daimler still owns 20%) is seriously considering selling the Viper brand and operation?

ozthunder · 09-03-2008, 05:07 PM

Yup. Makes sense, they lose so much $$ on it it's like an open wound. No need for a halo when you may not even have a brand in 5 years.

09-03-2008, 03:21 PM	#1
The Captain Tri-State Post Whore Join Date: Jan 2007 Location: West Philly - FBG$ Member #3369 My Ride: Prelude iTrader: (2)	US Automaker Woes Continue. http://money.cnn.com/news/newsfeeds/...0_FORTUNE5.htm GM sales fall 20% Ford falls 27% Rut Roe. __________________ Thank you for flying Air force Airlines. Oh me? They call me The Captain. - "America is all about speed - hot, nasty bad-ass speed." Eleanor Roosevelt (1965)

09-03-2008, 03:35 PM	#2
ozthunder Tri-State Post Whore Join Date: Nov 2006 Location: In a modular on campus Member #2994 My Ride: 2006 Nissan SE-R Spec V iTrader: (0)	That explains why Hummer is supposed to be sold by year's end.. __________________ To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures.

09-03-2008, 05:03 PM	#4
Nick 95 6sp Tri-State Post Whore Join Date: Feb 2007 Location: Narberth, PA Member #3675 My Ride: '95 Supra Turbo 6sp iTrader: (0)	Since Toyota is at the top of the heap now adays, it shows how bad the market is when they are down 9.4%, though that's not as tragic as 20%+. Did you see/read the reports that Cerberus Capital Management L.P. who now owns 80% of Chrysler (Daimler still owns 20%) is seriously considering selling the Viper brand and operation? __________________ Nick '95 6sp Supra Twin GT2860's w/TiAL exhaust housings, 2X TiAL WG's and BOV's, on V-band moded HKS twin manifolds, AEM v2, FJO w/NTK, AEM meth/water spray, GSC S1 cams, OS Giken triple clutch and Super Lock LSD, Racelogic

09-03-2008, 05:07 PM	#5
ozthunder Tri-State Post Whore Join Date: Nov 2006 Location: In a modular on campus Member #2994 My Ride: 2006 Nissan SE-R Spec V iTrader: (0)	Yup. Makes sense, they lose so much $$ on it it's like an open wound. No need for a halo when you may not even have a brand in 5 years. __________________ To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures.

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09-03-2008, 03:42 PM	#3
SUPRARICE87 Tri-State Addict Join Date: Aug 2007 Location: philly Member #5568 My Ride: 87 TOYOTA SUPRA TURBO iTrader: (0)	well it looks like everyone is dropping.