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An online survey of readers at www.autonews.com showed Monday afternoon that 40% predict that the auto industry will sell fewer than 12 million units next year.
Most site visitors are media, auto executives and dealers.
I just visited the site you linked to and put in my vote...so it can't be very scientific or accurate...but I think the general idea is right...there are going to be an awful lot less new cars sold next year.
Perhaps instead providing of loans (or in addition to) to the domestic auto industry, congress could provide rebates/incentives to taxpayers who purchase new domestic vehicles in 2009. That would benefit automakers by not just sending money there way but generating consumer demand. I'm no legislator though...my guess is NAFTA or the WTO would hammer us for that.
Want the straight scoop on the auto industry? Our man in Detroit David Welch, brings keen observations and provocative perspective on the auto business.
