http://www.usatoday.com/money/autos/2009-03-23-smart-car-sales-slip_N.htm
I feel like I just cannot stop talking about the economy...but it isn't my fault! Everything, almost all news stories like I mentioned before come full cirlce and are in some way affected by our economic situation. Here is another story in USAToday regarding these "Orphan" smart cars that have been ordered but no one come to pick up, or backs out of the purchase.
SmartCars are not dealership based. Rather, they are ordered online, and the customer has to pay a $99 down payment...so its not a HUGE amount to lose. Well, now there are all kinds of ordered and manufactured smart cars, but with no drivers. Sad.
Its an interesting trend to cover on behalf of USAToday because I have had numerous conversations with parents of my friends and my own parents, who live in citites that car dealerships are on every corner, and apparently cars are just stacked mile high, with no where to put them because no one is buying. But then that makes me think...Shouldn't these companies who are already having to be bought out by the government STOP MANUFACTURING SO MANY DARN CARS. Isn't this a no brainer?
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Car sales are awful right now. Has anyone even seen those advertisements about the program of Assurance (where the company will withhold payments on a car for 3 months if you lose your job or income, and if you can't get back on your feet, they will let you bring it back with no penalty)? There are doing anything, almost anything, to get people to buy cars. If you think about it, they should just stop manufacturing the vehicles at such a high speed, but that would just stop the company in it's tracks. Can they do that? I don't think so. There are jobs in the car companies, there are people working those jobs that also need to feed their families. It would make sense to cut back and some people are (Mack Trucks, for instance, are shutting down for 3 months) but they can't just stop altogether. It's a vicious circle. This economy is just getting us deeper and deeper in the hole.
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