Auto Industry and Automakers Hurting Indeed

The North American automobile manufacturingper gallon most agree that we will see a similar
companies will be coming out with their quarterliesbut mild repeat of the Deming Years? Both
soon and many in the automaker industry as wellGeneral Motors and Ford have been offering deep
as the consultants and analysts are saying thatdiscounts to counteract slumping sales, you have
this is not going to be pretty. Both Ford andseen the Employee Discounts given to all
General Motors are expected to lose money, butcustomers, such discounts make a profit situation
how much? Are we looking at more bankruptciestough. Now we see bulging health care costs and
like the Delphi Auto parts company, which wasthe looming crisis of under funded pensions. And
spun off from GM in 1999? Some analysts arethe Unions are not cutting any slack this time
already saying that there is a 30% chance of aaround. Many analysts are saying there will be a
General Motors Bankruptcy filing. But Northhuge round of job cuts.General Motors is saying it
American and United States automakers havewill get through this come hell or high water, but
had issues with an already growing gap of 3.5%industry analysts say that the American
market share against Japanese Automakers dueAutomakers are probably in for a lot more of
to the consumer move to smaller and moreboth. Think on this.Lance Winslow - Online Think
economical vehicles.With fuel prices at $3.00 plusTank forum board.