Have you been under a rock for the past year? The economy has been in a recession and it's now coming out of it. All the financial indicators are trending upwards now, including the stock markets. There will be no economic collapse in the U.S.
Get over it.
This mess were in -whatever you want to call it- has certainly influenced the auto companies, that much is evident. Less choices in the line-up are here to stay and will get worse before they get better imo. What choices we do have will be driven mainly by economic factors (ie 4cyl 4R).
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I wouldnt say collapse (yet) but were about to head in for the second half of the W. How deep that one will be is anyones guess. Were not sustainably recovering, a rising stock market certainly doesnt reflect a recovery.
Which economic indicators exactly? To keep related somewhat- auto sales are down, what 20% in Sep? C4C drew forward too much demand so now auto sales will reflect that. Also consumer credit contracted 10 bil and non revolving (car) debt contracted 2 bil (not too bad but kept afloat by C4C) in August. Thats after a 20 bil contraction in July. If the consumer isnt spending (or even worse for the economy, saving!) how can we recover? Consumers are 70% of the economy. Unemployment is still increasing.
ETA: Ive been noticing some deflation in food and energy prices, deflation ftw!