Three top auto-industry investors, including Kirk Kerkorian, are predicting a 15-year low in U.S. auto sales next year. The most optimistic of the three said sales might “only” slump to 1998 levels rather than 1993.
If oil stays anywhere above $80/bbl, let alone $90, I’m guessing almost all the bleeding would come from the trio of companies once known as the “Big Three,” rather than Japanese companies.
No comments:
Post a Comment
Your comments are appreciated, as is at least a modicum of politeness.
Comments are moderated, so yours may not appear immediately.
Due to various forms of spamming, comments with professional websites, not your personal website or blog, may be rejected.