View Single Post
Old 01-07-2009, 09:23 AM   #24
detroitboy
Pinholic
 
detroitboy's Avatar
 
Drives: 11 Silverado, 08 Shelby GT500 Conv.
Join Date: Nov 2008
Location: Macomb, Mi
Posts: 697
Quote:
Originally Posted by StoutFiles View Post
This recession has only just begun; another stock market slump is on its way and the job market will be even worse. It's fun to think GM will be fine in a matter of months but they will literally be crawling to 2010.
Quite correct. They said we will have more forclosures this year than last. Unemployment in Michigan is at 9.6% and the rest of the country looks to be trying hard to catch up to it. Alcoa just announced layoffs of 13,500 worldwide. That shows how far down demand for aluminum products is. This is a downward spiral and few people are going to have the money for new cars. Those who talk up an upturn in late 2009 are just trying to think positive.
__________________
Almost had a 2SS/RS, IOM, orange accent interior, 6 speed manual, sunroof & polished wheels

ordered 01/19/07
3000 - 2/27/09
3400 - 3/27/09
3800 - 4/17/09 (built and lost in the vortex)
ship date ??????? (I gave up and got a GT500)
5/11/09 - order cancelled
5/27/09 - vehicle arrived at dealership for whoever bought it after me
detroitboy is offline   Reply With Quote