The Detroit News reports: Big Three take hit as SUV sales crater. None of this is news, really. Well, it's news, we suppose, but it's news along the lines of: rabbits had more babies, oil companies are making more profit, Alison Krauss is smokin' hot. All true, none of it news.
Toyota has once again run past Chrysler as the #3 automobile company in the U.S. And with gas hovering at what ever the hell it's at today ($3.50), it's no wonder SUVs are in the drink.
The Detroit News's chart is helpful to get a bigger picture of what's going on. Year-to-date GM, Ford, and Chrysler are certainly in some trouble, but let's not forget Mitsubishi (-12%), Jaguar (-34%!), and Isuzu (-37%!). Over 30% off! Mercy! And it's not like Volvo (-10%) is rockin' out, either. But it's clear that some people got the moolah 'cause these brands are all up in the double digits: BMW, Porsche, Ferrari, Maserati, and Bentley. And Rolls-Royce up 50%. Man, we got into the wrong game. Or family. Or school. How does one make a lot of money?
"How does one make a lot of money?"
Sleep around, of course. Don't be such a prude.
Posted by: Joel A | Monday, June 05, 2006 at 12:33 PM
Ridiculous oil company profits are what kills me
Posted by: jim | Friday, June 02, 2006 at 08:08 PM