[InvisibleChurch]

I remember when after September 11 all the auto makers cut their loan rates, etc to help boost the economy. How much of that led to their decline, I wonder?

[jalisco555]

I remember when after September 11 all the auto makers cut their loan rates, etc to help boost the economy. How much of that led to their decline, I wonder?

GM's troubles date back at least into the 70's with their refusal to come to terms with the reality of oil price shocks and Japanese competition.

[Slapshot68]

I see where they’re going to offer 0% financing over 72 months.

So on those sales, the revenue will be inflation neutral while costs continue to go up....not good.

[cva66snipe]

I remember when after September 11 all the auto makers cut their loan rates, etc to help boost the economy. How much of that led to their decline, I wonder?

Likely not near as much as the "No illegals left behind" vehicle financing going on by both automakers and banks. Neither care if the illegals can pay back the loan as they pass the loss on to other borrowers. I'm talking about brand new high dollar pick ups and SUV's they somehow have managed to have bought.