Originally posted by: woodie1
Originally posted by: Black88GTA
Originally posted by: woodie1
It really doesn't matter what the big 3 are producing now if no one is buying them. I've read great reviews on some of the new models but without financing and buyers the showrooms are just gonna fill up with more unsold vehicles. Even Honda and Toyota are feeling the slowdown.
The argument could be made that customers needing cars will turn away from the higher priced Hondas and Toyotas (which have been slipping in quality over the last few years) in favor of a fresh domestic model with glowing reviews behind it, lower MSRP than a comparable H/T model, and rebates available on top of that. It's easier to get financing for a $18k Chevy than it is for a $25k Toyota. And remember, GM is still tops in overall sales.
As I recall Honda and Toyota are not asking for taxpayer money to stay in business.
As I recall Honda/Toyota have not been in business as long and do not have legacy cost like GM.