Detroit auto makers are doomed. Production will stop!

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With each car requiring about 5000 suppliers, we all know the car industry will crash big time. New cars will get scarce very fast. If you need a new car, buy it now. Prices will go up big time!

We will not see new cars for many years.

-- bbb (bbb@bbb.com), December 23, 1999

Answers

right, take on a big payment now... DUH
my 87 Hyundai gets 30 MPG, I'll be able to trade it next summer for any Detroit P.O.S. I might want.

-- As If (yeah@right.sure), December 23, 1999.

Do they still make cars in Detroit?

-- mil (millenium@yahoo.com), December 23, 1999.

bbb,

How can you imagine the car industry crashing and the oil industry being ok? Don't forget, you're assuming gasoline will be around.

-- eve (123@4567.com), December 23, 1999.


Yes they still make cars in the motor city dam good ones to take your little rice burner and go to Korea gm

-- gm (gregman900@yahoo.com), December 23, 1999.

I think they know that. The local chevy dealer has a 3 times the cars in reserve as normal.

-- FLAME AWAY (BLehman202@aol.com), December 23, 1999.


Ho hum, yeah well...just another huuuuuuuge y2k - economic problem, at the same time as a bunch of other huge y2k - economic problems.......clearly the global economy is ultra-f'ked!!! Will this alone, (ignoring serious potential of local infrastructure stuff- ups,) be enough to result in the general breakdown of civility????

Tis anyone's guess. There's good arguments either way,... but I'm pretty worried! :~(

-- number six (!@!.com), December 23, 1999.


Yes, I can go out and buy a new car now and then not use it from Feb'00 to whenever because there is no gasoline...ummmmm, not a good idea. When the economy is bad enough that cars are not being made (let's also assume trucks and spare parts are not available..) then I'd say you have a recipe for massive deflation, not inflation. Take that loan out as cash and wait. If we get deflation then you will not have to spend much to buy these cars at auction. If we get inflation you can just go and plunk it down quick like and get yer car free and clear. Then there is the added benefit of havign the cash if things go really flipped out.

-- ..- (dit@dot.dash), December 23, 1999.

Buy a car for one ounce of gold? A house for two ounces?

-- Mara (MaraWayne@aol.com), December 23, 1999.

Doesn't GM have something like 80,000 suppliers? Have you looked at normal bug rates, normal bankruptcy rates, normal levels of confusion and incompetence? It should be blindingly obvious that building cars has *never* been possible. Cars are a myth! Wise up, people. You've been taken for a ride.

-- Flint (flintc@mindspring.com), December 23, 1999.

All conclusions. No facts or data. Typical doomer.

-- Richard Greene (Rgreene2@ford.com), December 23, 1999.


Flint,

Re normal rates: I agree 100%! Now simply add to that the effects of a worldwide, simultaneous embedded sytstems crunch on 1/1/2000, and all additional (e.g., above the norm) IT problems on and after 1/1/2000.

Then we'll be getting closer to some of my concerns.

-- eve (123@4567.com), December 23, 1999.


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