Slither wrote:I've heard possible 10 year depression. With major deflation spiral in car prices - due to massive inventory.Wonder if the new models will make it on time? Wonder if there will be anyone working to assemble them and then buy them..?
Let's hope not (decade long depression).
As for new model delays, that's already happening. Look at the new Camaro - it's been postponed twice. Similarly, the PIH Volt looks to be nothing more than vaporware. But these are both from GM, so it should come as no surprise.
I forsee the compact and subcompact markets getting even more crowded (and more competitive) with most folks purchasing cars they can actually afford. The auto companies that survive are going to face a drastically diminished market in which they'll have to find a way to turn a profit with a much smaller organization. Hopefully the Japanese automakers remember what it was like to be the niche players from a few decades back - they'll have to trim back considerably to get there.