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Chrysler Jumps In

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Old 07-01-2005, 03:43 PM
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Chrysler Jumps In

GM sales jump 46.9 percent in June
Automaker's truck sales soar 75 percent; Chrysler to offer employee pricing in July
 
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Old 07-01-2005, 08:03 PM
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I think this will come back and bite them. It's like buying on credit, you get what you want now but pay for it down the road. I suspect next year will be a very down year because they have sold their next year customers this year and they won't be in the market for several years. Many of the customers for the next design pick-up will still be upside down with their loans when they come out.

Ford may follow and then the entire industry in America will have a really down year or two.
 
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Old 07-04-2005, 01:43 PM
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Originally Posted by osbornk
I think this will come back and bite them. It's like buying on credit, you get what you want now but pay for it down the road. I suspect next year will be a very down year because they have sold their next year customers this year and they won't be in the market for several years. Many of the customers for the next design pick-up will still be upside down with their loans when they come out.

Ford may follow and then the entire industry in America will have a really down year or two.
That and the resale value of an 05 GM truck will be less than what it should be
 
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