My guess is that in the next 5 years or so we’ll see some truly great innovation with cars. I’m not talking about simply a car that gets considerably better gas mileage, but rather some really new things. Maybe some options for Americans who want a car that does not run on gas at all.
What will this mean for the stock prices of companies like GM, Ford, etc?
Those companies will get in on the action of alternative fuel sourced cars. So will that be a good thing or a bad thing for their stock prices?
Thanks!
Originally posted 2009-09-30 14:44:50.
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not likely to be a sound investment, just this year, the top four selling vehicles in this country were the honda accord, honda civic, toyota camry, and toyota corolla. there used to be a time when that was the ford f150 but that time is long gone.
they sure haven’t done well over the past 35 or 40 years
I don’t see much reason for this to change
investment on cars have become like that on food-it pays but we have to be careful if the car company does not re invent itself then all are doomed. Another important point-watch habits of people well -they may not need many cars infront of their doors ( many alternatives to using cars can be invented- once consumers were KINGS but lost their crowns to ads -now they are out to re capture all that is lost.).
Auto instries are facing problems because of oil /gas prices.
It is moderate for short term.
But no risk for long term.