Fear of Impending Car Price Collapse Grips Auto Industry

[Mr Hate Coffee]

Just look at it this way. American plants will have been shutdown for about 10 weeks when this is done. That's 10 weeks of productions...1/5. Now also factor in natural market cap loss these companies are dealing with which equals a cut in work force. Also factor in the fact that they're probably foreseeing this as well so they are naturally going to slow down production.
I'm telling yall 2021 models aren't going to be touched pricing wise. Too many people laid off so they wont be out car shopping to up demand.

Plants are still up and running around these parts.

 

[alpo]

They stopped production you can get one for 25k over MSRP on the web though.

When are they going back???

 

[TallMan_J]

Been contemplating on getting a Toyota 4Runner or Dodge Durango for a few months.


Was holding off to see if Jeep is going to drop that three row Grand Cherokee.


Well, we’ll, well. Lets take advantage, brehs.

 

[No..Money..Mo..Problems]

When are they going back???

Not anytime soon

 

[Makavalli]

Going to cop me a hybrid Acura RLX

man i got an 08 RL right now and im looking at a slighty used hybrid joint cause the base dont come with AWD anymore. We gotta see how this economy shyt play out before i jump into a damn car loan again

 

[DEAD7]

Just dropped 65k on a new truck last year... fukking hell.

 

[KnickstapeCity]

Just dropped 65k on a new truck last year... fukking hell.

 

[seymour cake]

in NYC? Cause I’ve ate at better spots by Rockerfeller Center

Nah in toronto and Cali. I never been to the city yet

 

[UberEatsDriver]

Nah in toronto and Cali. I never been to the city yet

That probably explains it. When this virus crap is over come through and you’ll eat at even better spots

 

[ORDER_66]

Just dropped 65k on a new truck last year... fukking hell.

65K... you got fleeced...

 

[BigMoneyGrip]

A pandemic is raging outside, experts saying it'll likely keep us indoors for the next two years, but cats are jumping at the prospect of car prices plummeting.

Get in where you fit in

In today’s world you don’t even have to set foot inside a dealership.. transaction completed over the phone and they ship the car right to your house

 

[BigMoneyGrip]

65K... you got fleeced...

Good for his ass

 

[I Really Mean It]

Get in where you fit in

In today’s world you don’t even have to set foot inside a dealership.. transaction completed over the phone and they ship the car right to your house

But what good is a new whip in a world where there's nowhere to go?

 

[ORDER_66]

Good for his ass

 

[ORDER_66]

But what good is a new whip in a world where there's nowhere to go?

There's people that could use cars for work...