Re: Auto Industry Crashes

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analogueman

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Re: Auto Industry Crashes

in response to

Auto Industry Crashes

vhf

posted on Oct 02, 2008 05:52AM

An electrical engineer friend of mine suggested that the reason GM recently got out of lease financing is because the auto industry will be introducing electric cars in 2010+. That gas/diesel engine automobiles will have little residual value by then. Maybe the industry will resume once electric cars and infrastructure are well established. Hmmmm, interesting times...

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