Actually, the really focus of Mother Nature’s thanks should be directed towards the US credit crunch, which has directly led to the downtown in the US and World car markets. The amount of carbon emissions spewed into the atmosphere has yet to be officially determined but if car sales are down 40% so far this year, that means 40% fewer tones of carbon dioxide will be emitted into the atmosphere from gas vehicles. The other benefit of this downturn is the emersion of the electric vehicle market. GM and Chrysler are asking for over $17 Billion in funds while Ford is not asking for anything. An estimated 3,800 auto dealers will go out of business in coming months. This is definitely bad for America but we will find a way to restructure our econonmy. Car unit sales fell below 1 million/month for the first time since 1982.
GM has plans to produce 24 hybrid and electric models by 2014. Better late than never! It’s ironic that the first electric car was manufactured in 1832, even before the first internal combustion engines. These first electric cars were considered to be better since they were silent and produced no fumes but didn’t take due to battery technology. We’re seeing many new electric car manufacturers pop up every day from small funded companies to highly capitalized companies like Tesla. It’s Roadster Sport is available now goes from 0 to 60 in less than 4 seconds. Sure, it’s costs over $100k but not to worry, the Chinese are coming with the BYD e6 and will be selling its electric car in the US for around $15k by 2011. We better write our government officials and automakers asking for electric cars now and cheaper.
It’s not all bad for the US car makers. There is a major shift in consumer buying habits and that is to seek out environmentally friendly vehicles. Everyone wins in this scenario….the environment, the car makers, dealers and especially the consumer since they will be saving money on gas. Electric cars are a bit more expensive right now but that will change very soon. The major US car makers had their chance to be in front of this wave of electric vehicles but chose not too so that’s why so many smaller companies are set to take over the market or at least play a big in it. 2009 is going to be a tough year for everyone but 2010 is set to be a major paradigm shift in self transportation throughout the world. Let’s just hope that people don’t forget to car pool and ride public transportation. Remember, these electric cars still have to be manufacturered.
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April 2nd, 2010 at 7:46 am
ewwww id soo freaky !!!
July 3rd, 2010 at 3:20 pm
Great post! Maybe you could do a follow up on this topic?
July 26th, 2010 at 8:27 am
I took my first business loans when I was a teenager and that supported me a lot. However, I need the consolidation loans again.