Are Domestic Automakers Facing The Perfect Storm?
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Closet American
Joined: July 17, 2005
Posts: 5,851
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From: Vancouver, BC (Hollywood North)
Are Domestic Automakers Facing The Perfect Storm?
Given these three factors...
- A slowing economy (sub prime woes, sliding housing market, etc.) and possible recession;
- Oil at $100 per barrel;
- New tough restrictions on emissions;
...are Detroit's automakers - already in difficult financial shape - facing a perfect storm in '08...and can they survive it?
Thoughts...?
- A slowing economy (sub prime woes, sliding housing market, etc.) and possible recession;
- Oil at $100 per barrel;
- New tough restrictions on emissions;
...are Detroit's automakers - already in difficult financial shape - facing a perfect storm in '08...and can they survive it?
Thoughts...?
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