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* USA - Let’s Sell Some Trucks!
USA -The Big Money, by matthew.debord/Reuters -Jun 25, 2009: -- Here at Shifting Gears, we genuinely believe that a key to recovery in the U.S. auto market—and the renewed fortunes of General Motors and Chrysler, post Chapter 11—isn’t a new fleet of small cars but revived sales of trucks... Joseph White of the Wall Street Journal bases his analysis on how the recently passed “cash for clunkers” legislation will actually reward truck purchases more than those who want to buy cars (he crunched his numbers before the legisaltion passed). He acknowledges that “[e]nvironmentalists aren't happy with the way that the debate is tilting toward selling more trucks. ‘Clunkers for clunkers’ is how Dan Becker of the Safe Climate Campaign describes the latest plans.” But the way in which he otherwise lays out the incentives makes it pretty clear that the current program is explicitly intended to move pickups and SUVs off dealer lots... And hooray for that! The big players in the U.S. truck market—formerly referred to as the “Big Three”—need to sell trucks in order to make the kind of profits that will be required to pay off taxpayer loans and get their businesses moving again. The truck market is insanely depressed at the moment, so “cash for truckers,” combined with a possible auto industry recovery next year, could mean that trucks will be the first segment to really take off... (Photos from s39.radikal.ru)
Labels: trucking industry opinions
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