Replies to This Discussion

landownerPermalink Reply by Grice on December 22, 2008 at 9:11

Actually, if you read the reports, people are buying. It may not be at the expected rate, as compared to last years sales, but cars are being sold. One main influence toward the decline in sales is the lack of being able to finance the sale (lender's not granting loans). As the financial industry stabilizes, vehicle sales might possibly rival last years quotas.

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Oil & Gas ProPermalink Reply by The_Baron on December 22, 2008 at 9:53

We will see, last I saw the sales were down over 40% from last year. Not to mention many dealers are fire-saleing many models...

But you never know, I am considering a new car, theres a lot of good deals to be had now.

Oil & Gas ProPermalink Reply by The_Baron on December 22, 2008 at 9:53

But that being said I will probally buy Honda or Toyota.

landownerPermalink Reply by RAY on December 22, 2008 at 11:45

everything I read about converting vechicles to NG is that it is a "temporary fix" until they come up with a better solution......

"we have enough gas reserves to fuel the auto industyry for 10 yrs."

why invest $B in something that's temporary??.

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landownerPermalink Reply by P.G. on December 22, 2008 at 13:21

I heard on the news today that Toyota was in trouble. Their sales around the world were way down from a year ago they said.

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landownerPermalink Reply by intrepid on December 22, 2008 at 15:43

Nothing in the bailout package really helps them sell cars. The bailout should go to the taxpayers in the form of tax credits for buying a new car from an American car company. Preferably a CNG vehicle.

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landownerPermalink Reply by Grice on December 22, 2008 at 16:16

The goal, as viewed on the surface, seems to follow the principle that a reduction in build cost will translate to a reduction in sell price. Under the plan, we (consumers) should see vehicle prices decrease in the future (at least until 2014). Add in the effort to free up credit for the consumers, and we could have a workable solution.

BTW, tax credits have already been available for hybrid vehicles. Also, congress has recently increased the tax credit for electric vehicles to $7,500.

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landownerPermalink Reply by sesport on December 22, 2008 at 19:24

I just saw a commercial on KSLA (Ch. 12) for the first time this evening promoting the purchase of a vehicle from ANY local dealer. It wasn't a manufacturer's or a dealership's ad, this was like a PSA by the station. The theme was "Let's Keep It Rolling." I guess it's bad enough that the television station is willing to spot them all (dealerships) the air time?

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landownerPermalink Reply by Bruce on December 22, 2008 at 19:27

I saw the same thing Sesport, it was like a psa but it left me feeling like the idea was to buy a car and help save the GM plant here more than anything else.

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landownerPermalink Reply by sesport on December 22, 2008 at 19:40

That was my second thought, too ... save the local plant. (That commercial is replaying right now.) I'm for saving our plant, couldn't ever figure out why it got switched to the Hummers, thought it was a bad move. I think if they want to save the plant, they need to switch back to a model more in demand locally like it once was, and of course ultimately start producing some type of CNG.

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landownerPermalink Reply by intrepid on December 24, 2008 at 15:02

Clearly they should capitalize on the HS play and start producing CNG vehicles at that plant. And install the FIRST public CNG station in Shreveport!

Hopefully, one day we will be able to refuel our CNG vehicles at a Wal-Mart or any corner convienience store.

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