My Opinion

The public will buy a certain number of cars next year, regardless of how many manufacturers there are. I think that if the first automotive manufacturer goes into liquidation the others will sell more cars and might even survive the economic crisis. At worst, maybe two auto manufacturers will close doen, but then the surviving manufacturers (and there are many in the US), will sell more cars. The suppliers to the auotmotive industry will not sell less parts if auto manufactures close down, because the other manufactures will sell more cars. The public will buy a certain number of cars next year, regardless of how many manufacturers there are. It has been said that if a GM closes down, the suppliers, like those who make starter motors, will suffer and it will affect the whole industry, but a certain number of cars will be sold next year regardless of how many manufacturers there are. There will be a starter motor for every car that is sold next year and nothing the government does, will result in more car sales. Some of the workers who are retrenched at the one plant will be employed at other plants when their production increases. In light of what I said in a previous post about the baby boomers retiring, there is, and will continue to be a reduction in the demand for cars and other commodities and the manufactures will have to deal with that. Don't bail them out. The fundamentals do not support a recovery. Too much money has been wiped out. One or two of the the big automakers will eventually close down