GM Suspends Corvette production

[raynor139]

GM has decided to suspend production for one week in Oct. followed by a reduction in the number of units produced per hour.

Here is the story
http://www.autoblog.com/2008/09/15/c...ue-to-economy/

[INMY01TA]

Why is this NWS?

[jknelms]

Why is this NWS?

grabs your attention?


were you expecting that the production was suspended because the workers went on strike and started stripping ?.......i was

[jknelms]

Corvette prices might go up...

[JoshieDoom]

Automobile Factory work in this neck of the woods is getting rough. Weve been getting off a lot of fridays. Too ahead and not enough sales.

[stevenm357]

With the economy the way it is Auto sales will only get tougher. Really the inflation of automobile prices in the last 20 years has taken off, as well as home prices. and the amount of debt carried by the consumer. Too many people just have no way out.

[tpilews]

With the economy the way it is Auto sales will only get tougher. Really the inflation of automobile prices in the last 20 years has taken off, as well as home prices. and the amount of debt carried by the consumer. Too many people just have no way out.

And it ain't gonna turn around until it all bottoms out. Just how far that is, no one knows.

[stevenm357]

And it ain't gonna turn around until it all bottoms out. Just how far that is, no one knows.

I honestly feel the tightening of credit is a good thing. Yes owning your own home is the american dream... but affording your home should be the requirement too.

between credit cards, upside down mortgages and upside down car loans the banking industry does not deserve to be bailed out most of them deserve to go under for what they have done.. I know that any of the small businesses I've been involved in didn't get government help when times were bad.

I just look at it in the idea that when times are bad they are going to get better and when the economy improves is when the greatest wealth is made.