I believe the term for this article is “irrational exuberance”. The truth is that Toyota has had an issue for decades with patriotic Americans who wanted to buy American even if the American product wasn’t as good (by whatever standards the buyer cared about) as the Toyota. That issue is gone. Forever. Toyota is now in a much stronger competitive position. Toyota’s real problem is that Americans are going to be cautious about all big ticket purchases, not that the “new” GM is going to excite either liberals who love their foreign cars or conservatives who despise socialism.
I’ve had nothing against Japanese cars — but this conservative family has bought new American cars for the last few years (Jeep, Cadillac and Chevrolet Suburban.) They have just fit our need for space, comfort and safety, and we have been satisfied overall with quality. Every liberal I know drives foreign, and I agree with you that this move to nationalize GM and Chrysler will not entice them to change their ways.
To quote Scarlett O’Hara, “as God as my witness, I’ll never buy GM or Chrysler again!” I’ll be curious as to who will actually trust these ventures (and the government). The author of this article is nuts if he thinks GM and Chrysler are now more attractive! To whom?
I'd go further than that, and say they're pimping for 0bamamotors. The word has been given from on high that it's time to talk up GM.
“I believe the term for this article is “irrational exuberance”. “
It’s just an individual’s opinion. The only fact in it is that the Corvette gives more bang for your buck than either Porsche or Ferrari.
I’m not a “car person”, all I know is that my Avalon, and my Camry before that, have been the best, most reliable cars I’ve ever had. I have never had a breakdown with either one, nothing ever goes wrong. And I get good enough mileage for the driving I do. Once when I went to my mother’s in Virginia from Mississippi, I got a little over 400 miles on one tank of gas.