Feds predict the future of the Auto Industry, foresee Chrysler freefall, GM stagnation. “According to data buried in the EPA/DOT proposed rule for 2017-2025 fuel economy standards, Fiat-Chrysler is predicted to be the sick man of the auto industry by 2025, losing over half of its 2008 sales volume, while GM is expected to improve by only 3%…” That’s 3% over the 17 year period not 3% annually. And remember, gubbermint predictions are usually over-optimistic.
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
View all posts by Bonfire of the Absurdities
