anybody see this?
10-09-2008 | 07:30 PM
#1
Thread Starter
Senior Member
Joined: 03-03-2008
Posts: 762
From: Ft.Myers.FL
10-09-2008 | 11:32 PM
#6
Senior Member
Joined: 02-20-2008
Posts: 476
From: Oceanside, CA
yes--very tough situation.. The Great Depression was an "American" situation--this crisis is GLOBAL (GM can't count on Euro sales, for example).. I feel I've done my part--ordered an SS and my wife goes shopping daily!! LOL...
10-10-2008 | 06:15 AM
#7
Member
Joined: 06-01-2008
Posts: 76
From: Missouri
The Great Depression of the 1930's was global also, that's how Hitler got his stronghold. When you look at, we're actually lucky to have it global because if it wasn't the US would be left behind since costs and prices wouldn't drop from it's global worth.
Get ready for a GM car, no more Chevy's, Buick's, and such. Look at the GM emblem on the front fender!
Get ready for a GM car, no more Chevy's, Buick's, and such. Look at the GM emblem on the front fender!
10-10-2008 | 06:42 AM
#8
Member
Joined: 04-10-2008
Posts: 89
From: Stone Mountain, GA
Here is a concise article about the depression on Wikipedia.com:
http://en.wikipedia.org/wiki/Great_Depression
This quote describes the state of the auto industry today:
"Many (consumers) drastically cut current spending to keep up time payments, thus lowering demand for new products. Businesses began to fail as construction work and factory orders plunged".
I recommend that anyone making payments on a car, pay it off as soon as possible, plus credit cards. Help the local dealers stay in business by having work done there.
Bill Heard Chevrolet, the largest dealer in the country with 14 dealerships, closed recently, puttting 2700 people out of work, and owes between $500 million and $1 billion to creditors.
The 2700 people are very sure that the country has gone into a depression.
Heard engaged in deceptive sales practices, and were not paying off used trade-ins. Stay with dealers who are more honest in their dealings.
Based on the HIGH QUALITY of my HHR, I believe there will always be a General Motors. The day may come when the makes available will be Chevrolet, Cadillac, and GMC trucks.
http://en.wikipedia.org/wiki/Great_Depression
This quote describes the state of the auto industry today:
"Many (consumers) drastically cut current spending to keep up time payments, thus lowering demand for new products. Businesses began to fail as construction work and factory orders plunged".
I recommend that anyone making payments on a car, pay it off as soon as possible, plus credit cards. Help the local dealers stay in business by having work done there.
Bill Heard Chevrolet, the largest dealer in the country with 14 dealerships, closed recently, puttting 2700 people out of work, and owes between $500 million and $1 billion to creditors.
The 2700 people are very sure that the country has gone into a depression.
Heard engaged in deceptive sales practices, and were not paying off used trade-ins. Stay with dealers who are more honest in their dealings.
Based on the HIGH QUALITY of my HHR, I believe there will always be a General Motors. The day may come when the makes available will be Chevrolet, Cadillac, and GMC trucks.
Last edited by trfindley; 10-10-2008 at 12:08 PM.
10-10-2008 | 09:21 AM
#10
Senior Member
Joined: 07-17-2008
Posts: 195
From: marine city,michigan
I think too many people see whats happenning and stopped spending, even if they could afford to spend. Then everyone stops spending and everything stops. People need to spend and take some risk and we can turn around quicker. I bought my HHR in june and now collecting unemployment. I was spending but too many businesses slowed down and layoffs happen. the vicious circle keeps going around.