I just read Gas guzzlers a hit in China, where car sales are booming.
Why? Two primary reasons.
Why? Two primary reasons.
1. There are more billionaires in Hong Kong than any other city in the world. They've got lots of money. But forget about the billionaires - generally speaking, there's just so much demand in that area of the planet, period.
2. Environmental policy is relatively lax compared with Europe or even North America.
I would hate to see the Big 3 act irresponsibly and make a crash-grab out of the situation by continuing to build gas-guzzlers for the Asian market. BUT...the current inventory that's no longer selling here in North America should be wrapped up with ribbons and bows and shipped over there, and the revenue be invested in the future.