Can Car Makers Build Out of Debt?


We’re in a recession people!  Will somebody please whisper that in the automakers’ ears.  For some reason, new cars continue to hit the market.  There’s the Hyundai Genesis, the Lincoln MKS, and the newly revamped Maxima to name a few.  They keep on building like they didn’t get the memo. People are doing less profiling and having a warm something to eat at their own dining room table.  When America stops eating out automakers, you should be afraid….very afraid.  Do you remember when the government bailed Iaccoca out of debt?  Well, sorry charlie!  The banks beat you to that song and dance. Read here to see  if you can expect your warranty to tighten.

2 thoughts on “Can Car Makers Build Out of Debt?”

  1. I recently came accross your blog and have been reading along. I thought I would leave my first comment. I dont know what to say except that I have enjoyed reading. Nice blog.

    Tim Ramsey

  2. If American businessmen, politicians and automakers had not been arrogant to the point of stupidity. They would’nt be in debt because they would be building the most efficient, highest quality cars on the market and the newly emerging consumers in world would be standing in line to buy American cars.

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