World News Insights
1-3 Minute Gist

All Topics Article

The Smaller the Better, Automakers Are Finding

New York Times Original article ›

Keywords:

LyrArc Article Gist
June sales are coming in at 12.5 million vehicles. And part of this drop is that there is a short supply of hot seeling small cars like th Honda Fit, Ford Focus, Toyota Prius, aand the Honda Civic.Honda's new plant in Indiana will increase its output of Civic by 200,000 per year. Honda sold 53,000 Civics in May 2008. According to JD Power Prius sell within 4 days of reaching the dealer. Ford has a 20 day supply of Focus cars, and it takes a month after putting a deposit on Honda Fit to have it available. While Honda has flexible production lines Ford cannot produce anything but SUV's at its Wayne SUV plant in Michigan so Ford has a lot of changes to make. About 20% of cars are small cars up from 12.5% and moving up quickly as supplies increase with the demand.

Shifts in customer buying habits in the U.S. auto industry that hurt GM, Ford and Chrysler in 2008-2009

04/12/2006

Shifts away from larger vehicles in the American auto industry. A significant shift was underway in the US auto industry by the middle of 2008 towards fuel efficient automobiles as gasoline prices went over $4.00 per gallon, and consumer net worth declined significantly with decline in housing and stock prices causing cuts in spending. The situation in 2008-2009 before the government led bailout and the planned bankruptcies of GM and Chrysler.

Grouped Articles

Ford Clips Toyota's Wings in California

Wall Street Journal 07/17/2013

Ford Remakes F-150, the Nation’s No. 1 Vehicle

New York Times 01/13/2014

Chrysler’s Fall May Help Administration Reshape G.M.

New York Times 05/03/2009

Why Gas Feels Cheap—and Why It’s Not, Historically Speaking

Wall Street Journal 01/04/2015

Ford and Chrysler Unveil Their Redesigned Pickups

New York Times 01/14/2008

Collapse in Demand For Large SUVs Leaves Owners in a Bind

Wall Street Journal 06/02/2008


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us