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- Alexander0076 - Jul 17 2008 | car buying tips
Yes you are right mohit...Prius is certianly making waves in the auto industry.........By this rate, we can expect a nice shuffle in the Top 50 automakers ranks list....Gat all the latest car reviews and comments.....http://www.buyingadvice.com/auto-reviews.html
- mkz - Jul 12 2008
Fuel efficiency is the key.
You don't need a Prius, but you wouldn't want a car from GM when the same class of car from Toyota is similarly priced, have better reliability, and uses less fuel?
Granted American cars have better reliabilities now, but it takes time before the notion of poorly built American cars wear off... so if you can't beat them on price, on public image, what can you do? ;)
I just heard Ford sales were down 28% this June! The rest of the automakers announce later today.
This could be the first month that Toyota outsells GM in the U.S. Last month, the Ford F-150 lost its top spot (to the Honda Civic and Toyota Corolla) after many years at the top.
Detroit needs to figure things out fast. To make things worse, not only is Detroit's slice of the pie shrinking, the pie is shrinking, too.
Quoted: So, now what? Now, people want fuel efficiency, fuel efficiency and fuel efficiency. But not everyone wants a compact car. Plus, Honda and Toyota have the compact car business cornered anyway. Sure, Detroit needs better small cars. But to thrive General Motors Corp., Ford Motor Co. and Chrysler LLC must go different ways than their Japanese rivals – and fast.
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Bob Lutz gave an informative and frank interview with Charlie Rose last night. I think he's right that people have been a bit too hard on Detroit lately. He points out that shareholders wouldn't have been pleased if GM had shifted from extremely profitable trucks & SUVs based on a hunch that gas would be over $4 a gallon. Anyway, they seem to have all their eggs in the Volt basket right now. We'll see.
http://www.charlierose.com/guests/robert-lutz