The spreading Wall Street financial crisis is beginning to affect what we will see offered here and around the world--and sooner rather than later. No market is going to get by untouched. Even those OPEC and other oil-rich countries will see some sort of negative effect as it pertains to vehicle choices. AutoObserver has an excellent article on how automakers are addressing this situation:
Industry Headaches Starting to Affect Product Plans
ateixeira says:
08:00 AM, 10/30/08
Heck, I postponed buying a new car, and I could afford it! I doubt the auto market will bounce back in 2009, too. More like 2010.
estreka says:
02:06 PM, 10/30/08
I think this is the first of many years. Next year will be the worst, I think. I'm predicting 11 million cars in the US for '09. Roughly steady in '10, and perhaps a slight increase in '11.