Friday, April 24, 2009

A Chrysler Bankruptcy

After getting bailout money? GM not far behind? Do you know what three factors have put the automakers a step away from ruin? First and foremost, consumers don't believe gasoline prices will stay around $2 a gallon. They are way past that. Second, everyone knows new hybrids and electrics are coming, and when they hit the showrooms in about 16 months, gas prices will go through the roof... $5 a gallon at least. Third, the greed in GM's past has undermined consumer trust. Everybody knows that GM crushed the wonderful EV1 electric cars and destroyed the blueprints so it could convert the factory into Hummer production. And there's one more thing motorists are concerned about... the so-called alternative fuel vehicles that run on hydrogen or propane. Consumers are wary that these vehicles won't be any different once the fuel suppliers begin hiking prices. The wallet will suffer. Remember the Yugo? We need to import some TaTa cars!

This message is from a Virgin Mobile customer. Enjoy.

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