Automakers Pull Out of NAIAS; GM Remaining?

[6 Shooter]

...is change!

L8TR - D

[Hater]

Originally Posted by miken123

I don't know how to feel about it. In general it's of course a bad thing.. but I wonder if maybe the Japanese aren't quietly making a statement regarding the new unimportance of the North American market. Perhaps it is to add insult to the already injured U.S. automakers.

It's strange that they would all pull out. Honda's probably just in it because they've gotten a minutia of press regarding their plant-towns in the US still providing jobs/etc.

I think it's less "the new unimportance", as our market is still huge and lucrative. Maybe it's like a team shutting down their playbook when they've got a big lead.

But realistically, it's probably just because they're all tightening their belts.

[delmarjohn]

what periferal fallout ,let them fail....does anybody realize how integral the auto industry is to the american economy.....just ask the hotels ,restaurants ,airlines,taxicab drivers,not many countless others if the auto show is less than expected....wow we are alseepp at the wheel and no onw knows it yet ....but rest assured congress is on vacation....they want the plan on the 2nd and they are back until the 8th ......wow only congress can come up with this timetable

[03xtreme]

Originally Posted by PhishPhood

The lack of industry knowledge herein is next to appalling. Everyone here is ignoring the BIG NEWS that's all over the Toyota boards for the last 12 months. There is no way Toyota misses this show. It's major announcement has been scheduled for over a year. Actually I think Nissan, Mitsu and Honda are skedadling because they have nothing to compete with......

....the debut of the Gen 3 Prius.

It's not exactly what the D3 want to see in their own back yard especially at this period but it's been scheduled for over a year.

Toyota has been trying to undo GM for 1/2 a century, and now this might put the nail in the coffin.... but it's not polite to spit on the hands that feed you.

I do not suspect GM will go down with out a fight and neither will American's. Toyota may have the prius, but not all of America wants a prius MADE IN JAPAN from Cobalt shipped from Hamilton Ontario. There is still a segment of this economy that NEEDS a 3/4ton, 1 ton+ truck. There is still a demographic that simply won't buy a toyota.

GM should walk from the show, and focus on it's problems and it's products like companies in dire situations do. Make better news during the show by announcing major dealer restructuring and steal the media hype from yota.

you have to want to be SMARTER than the enemy. out do them at their own game. make your news BIGGER than THEIRS.

[ponchoman49]

Originally Posted by KingElvis

Yikes.

The other makes seem to smell blood in the water and are eager to see the US makers go down.

Finally that "excess capacity" will be removed, and consumers can get used to that old phrase from the oligopoly world of the 1960's "Pricing Power."

Currently makers really don't have much pricing power - all the profits come out of squeezing blood from the turnip that is called the "Supply Chain."

Just eliminate the Detroit three and voila, Honda can jack up prices and make it stick.

Sounds just like what Walmart did to many cities in the 90's.

[ponchoman49]

Originally Posted by PhishPhood

The lack of industry knowledge herein is next to appalling. Everyone here is ignoring the BIG NEWS that's all over the Toyota boards for the last 12 months. There is no way Toyota misses this show. It's major announcement has been scheduled for over a year. Actually I think Nissan, Mitsu and Honda are skedadling because they have nothing to compete with......

....the debut of the Gen 3 Prius.

It's not exactly what the D3 want to see in their own back yard especially at this period but it's been scheduled for over a year.

Quote: the debut of the Gen 3 Prius.
Ooohhhhhh boy how exciting!

[JeffS]

Almost makes you think it will be the Prius SS!