Tuesday, November 18, 2008

Auto Industry

Class-

We've been talking a lot about prices of items in the marketplace. Many times our discussions have centered around the price of gas. Recently Ford and GM published their losses for the 3rd quarter of the year.

Many of our discussions focused around the development of new technology, which relied on other resources than gasoline. With the recent drop in the price of gas, what do you feel will be the response of the auto-makers? Should they continue to develop vehicles which run on alternative fuel at the pace they were when gas prices were so high? Will consumers be so concerned about buying hybrid vehicles? Where should the auto industry go from here?

After you post, please feel free to, respectively, agree or disagree and why.

C.A.N. I.!