Once again the Detroit idiots outperform the Japanese geniuses

For the second straight month the sleepy greedy morons at GM and Ford,
who make no vehicles that Americans want to buy, have done less
terrible than the energetic innovative geniuses at Toyota and Honda.
The record for December 2008 (vs. December 2002):

-31%--GM
-32%--Ford
-35%--Honda (-35% is also the industry average)
-37%--Toyota

http://www.nytimes.com/2009/01/06/bu...1&ref=business

The linked story also cites the usual unnamed "analysts" for the
prediction that the 16 million/year vehicle sales we have been
enjoying during the dark days of Bush 43 are gone at least until 2012,
at which point they predict sales of 15 million/year. (The number for
2008 was 13.2 million.) My favorite quote:

"'After an era of excess indulgence, we’re now entering a prolonged
period of conservation,' said John A. Casesa of the consulting firm
Casesa Shapiro Group. 'Trading in a car every three years is a luxury
that the average American can no longer afford.'”

("The average American" has been trading in for a new car every three
years? I had not heard that. This John the Analyst must have a level
of insider knowledge and insight the rest of us can never hope to
achieve.)

Anyhow, here's a big big thank you to Nancy Pelosi, Harry Reid, and
President O! for delivering us from the soul-sucking tyranny of
materialism and prosperity we enjoyed from 2002 through 2007. I can't
wait to see what they've got on the drawing board for the All New All
Green GM and Chrysler lineups for 2010.

180 Out

On Jan 6, 9:31 am, wrote:

> The record for December 2008 (vs. December 2002):
>
> -31%--GM
> -32%--Ford
> -35%--Honda (-35% is also the industry average)
> -37%--Toyota

Oops! This should say "The record for December 2008 (vs. December
2007)," not "2002."

180 Out