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2:47 PM
Detroit Has Had It With Cars

Detroit Has Had It With Cars

The Americans no longer buy cars. They buy SUV's and pickups.

Great, that's not exactly true: cars, station wagons, hatchbacks, and that similar sold at a yearly rate of 5.5 million cars in October. But it's half as much as 3 decades back. The South American car market is dominated by sports SUV's and pickups to a degree that has never been seen before.

This is the context for the current announcement from General Motors Co. in fact, he would fire 10,000 American workers and shut down five factories. The share of this, in fact, what happens is a tremendous decrease in the production of sedans and that is similar, with sedans Buick LaCrosse, Chevrolet Impala and Cadillac CT6 and plug-in hybrid Chevy Volt, which will be discontinued, while Chevy Cruze compact will be performed in Mexico for other markets. Earlier this year, Ford Motor Co. announced, in fact that he ditched Fusion and Taurus, while Fiat Chrysler Automobiles NV began work in 2016, closing the creation of the Chrysler 200 and Dodge Dart, in order to concentrate on Dodge pickups and jeep.

Bureau of financial analysis, sales data used in the higher graph 1, sistematizirovat small SUVs as light trucks because of this we are talking not only about clients in USA, choosing more large, the least economical shipping methods. But it is certainly to some extent associated with customers opting for the more large, the least economical transport methods which usually evoke much more higher profits for U.S. automakers, more than a little. Only once out of the 10 most economical cars, cheap in the US, and once out of the 10 most economical jeeps, according to Consumer Reports, are made by Detroit automakers (in both cases GM).

It's enough to force a person to wonder what will Actually happen in the coming time, when the cost of gasoline will rise and re-do the fuel efficiency value, which, when it happened against the background of the inhuman recession in 2008 and 2009, left 2 of the 3 big bankrupt Detroit. USA. automakers, similarly, bet on the fact that (1) with a beautiful revival in Russian oil production, the cost of gas spike will no longer be repeated, and (2) has the ability to be, when it happens, they will own a fairly tremendous range of electric vehicles on offer (“GM now wants to qualify the values of the upcoming transport ways of investing in the fresh generation of battery electric architecture,” the firm said in a statement), in order to contain all of the transition to Honda and Toyota. I would not say, in fact, that they make mistakes, thinking that. But they're definitely betting.

Category: Business | Views: 666 | Added by: hameleons30 | Tags: amazon stock, ge stock, apple stock, CNBC, GM, fb stock, AAPL, gm stock, Dow Jones, General motors | Rating: 0.0/0
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