but youve gotta remember, the euro is doing better than the U.S. dollar at the moment, so this is a steal to them, while its more of a "get one, get the other at the same exact price" offer for us.

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Jeez, how long have you been posting on here??? You can't just do straight-up currency conversions between Euro and US sales, as the prices never, EVER line up.

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Travis, it was a joke.

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I'd be great if people like you would be banned from ever posting on any blog again...

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Seriously, you should think before you post something like that. How would you feel if I said I hope that every company in your industry closed down? And don't try to say that you are making some attempt a satire, for if you are you must learn how to preface your attempts at comedy. And again, you are talking about one of the industries that allowed this country was able to build its industrial strength, if you are American you should be thankful for that, and if you are not, then you shouldn't just bash American car companies for the fun of it, that's just not the proper thing to do. The remaining two are doing all they can to return to the prominence that they once felt, and I hope for one they are able to achieve it. And no matter where you are from, there is really no reason you shouldn't, other then just wanting to get in some America Bashing. I'm going on a little to long, I just don't appreciate people who make a comment like that, because obviously they have not given thoughts to their statements before posting them in a public area.

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Losing American car companies would be losing the lifeblood of the industry. People forget just how many cars they sell and how many people they employ. Also, many have the assumption of perceived quality being better in foreign cars, but there just isn't the stats to back it up. True, in the past this may have been the case, but if you read any recent quality survey you will find that the quality of North American cars is steadily increasing and they are truly competitive on a global scale. Think before you type, and don't be so naive.

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I'm sorry i made that comment, you guys are right. All I meant to say was, I don't like American cars, that's all.

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Guys, going bankrupt on the provinsions of Chapter 11 and going out of business are two different things.

Airlines around the world, and that includes the US of A, go bankrupt all the time yet they're still fly and pay salaries.

If the Big Three go out of business, that means, if they stop production and generally cease to exist, will be a tragedy for the US economy (and Canadian and Mexican too).

Going bankrupt, however, would A) ease the pressure and B) hopefully, teach them a lesson.

People who think that the Big Three are sustainable in their current forms are only deceiving themselves.

Current line-ups, way of operations, business models - the Big Three need to change pretty much anything about themselves. The credit crunch only worsened the situation that was already pretty bad.

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Circuit City just filed for CH 11, they still operating stores and selling.

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as much as a bad thing it is for them to go out of business, i believe they have to. they never stood up to unions and kept paying the ridiculous amounts of money when the companies could turn out crap and make huge profits. now things have changed and bloated pension are sucking life out them. i dont see the unions changing at all, so somthing has to be done. one way or another, the average american will get screwed (yet again) if the government does, or doesnt bail them out. I still have mix emotions about the government stepping in to save them. i understand that a few million jobs depend on them, but maybe it wont be such a bad thing to start a 0 again having learned from their mistakes, but hey everyone is screwing up and getting bailed out, so why not one more? accountability means nothing in america.

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Seriously what's wrong with you? You are entitled to not like American cars but to wish all US auto firms to fail is to wish intense hardship on a million plus people whose livelihood depend on the domestic auto industry to fail. Do you even live in the US? One of the most inane and misguided comments I've read here in a while.

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But - Airlines don't produce anything. They don't have to buy new planes if the ones they have are flying at 60% of capacity. They have to deal with the cost of operation and maintenance. While this is still a massive cost, they aren't in the business of producing anything. Boeing, on the other hand, has had almost 1000 workers laid off this year, if aircraft aren't selling, beacuse airlines aren't filling seats, then that's the trickle down to industry.

Circuit City doesn't produce anything, they are simply a retail outlet for other people's goods. In an economic slowdown, most of their products are considered luxury items and if the company wasn't that well-run to begin with, then they need to take action. Starbucks was hit with this reality recently and shut down a lot of stores. Now, if big screen LCD TV's aren't sellign well,a nd all reatial supply chains are choked with product, then the TV manufacturers may have to slow production lines and idle workers, again - that's the hit to industry. (Not that much of that industry is made up of US workers)

Now the US automotive industry - as crappy as many of you want to say it is - is one of the major industries on this planet, and if it dies, so does this country. Massive decreases in auto production lays off tens of thousands of joe-the-assembly-guy, or jane-the-die-press-stamper type of jobs directly. Where do those people go to find work? with the cut in production, means less raw materials required, so the steel foundries cut production. This lays off thousands of joe-the-foundry-guy workers. Where does he find a job? Same for the rubber/plastic manufacturing people. Goodyear and BFGoodrich lays off 2 shifts each at 5 factories, and raises prices on their tires 35% to recoup the cost of the millions of tires that they're now not supplying directly to Auto manufacturers.

It will all trickle down to everything you buy will eventually cost more, and it doesn't matter who is in the White House, or who you voted for Nov 4th - neither candidate has a chance if it all folds up.

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adrenalnjunky
Airlines do not produce anything - apart from

1. Jobs - pilots, personel, catering, fuelling

2. mobilty - crucial for cross-nation job market flow

3. demand for fuel - and that's huge demand - and again, jobs in the refineries..., transport...

4. demand for Planes. How does it work? Take Boeing as an example. Last time I checked, it was still an American company and it was doing so "well" that a $40 billion military program was awarded to EU-US consortium dominated by Airbus (Franco-Anglo-German guys).
http://news.bbc.co.uk/2/hi/business/7272272.stm

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Do you have any idea how many more jobs would be lost in the U.S if any of the Big 3 were to go under? Also, why is it that most people on here seem to despise the auto worker. Yes they make good money and have good benefits, but why do you never take a shot at the automotive execs. In the Detroit Free Press yesterday, they had a article that the top 50 execs for Chrysler will be getting $30 million in retention bonuses while the company cuts thousands of jobs. That the bonuses range from $1.89 million down to $200,000.
Do you think that if the UAW worker was to take a wage cut of say half that the execs would do the same? No, it would leave more for them to line their pockets.
We live in a time where the normal working guy excepts his $12-$15 dollar an hour job and struggles to fill his tank and pay his heat bill, while he watches his boss drive off making millions, and we don't fight for better conditions. At least the UAW worker through the years has said no to this. If the auto execs can make $5, $10, or $20 million a year then they sure can pay the guy working on the line 75K while he works 12 hours a day. I think everyone that is considered "Mr Joe Average" should stop focusing on the UAW worker and start looking at the top execs and I think these same people should start fighting for their own pay and benefits like the UAW worker has. It's amazing to me when someone makes a crazy quote like "I hope the auto industry fails" Do you realize that if even the smallest one of the three (Chrysler) were to go out of business that it would take an additional 2.5 million jobs with it!! Maybe even yours.

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are you freaking kidding me,,, car manufacturers go out of business...i cant imagine the reprocussions if they do.. kiss your "safe" job and ass good bye..oh thats right you're probably unemployed so its harder to get any lower then that....

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So you have no problem walking? The suppliers alone that would go under also supply the foreign car companies too dummy. The electronic, carpet, cow farmers, steel, plastic, and I could go on forever companies that supply what goes in your car would lose it too. Think a little, I myself need to drive to my job, how about you?

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I bought a new Nissan Titan in July (MSRP: $29,255) for $13,800, with incentives. does this mean Nissan will have the same problem?

who do you know that pays list for ANYTHING, besides an idiot? hell, here in Arizona the Prius sells at a healthy discount.

AZMike

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