BHPH
Financing at Buy Here Pay Here dealerships have their own unique dynamics. This group explores the challenges and opportunities of BHPH financing.
-
Michael Smitka
- Male
- Lexington, VA in the Shenandoah Valley
- United States
- Blog Posts (2)
- Events
- Groups (7)
- Photos
- Photo Albums
- Videos
Michael Smitka's Groups
Gifts Received
Michael Smitka has not received any gifts yet
Michael Smitka's Page
Latest Activity
Michael Smitka replied to Marcie Belles's discussion 'A New Kind of Incentive?' in the group Marketing Ideas
Of if you make your car payments on time, you're in a raffle for one month of home mortgage payments?! -- but I like the general idea!
Michael Smitka joined Marcie Belles's group
Michael Smitka commented on JJ Hornblass's blog post 'Chinese Food (for Thought)'
你好吗！中国的汽车市场竞争是。。。 As to competition in the Chinese automotive market:
"Keep its head" or find its head?! Not only is every "global" producer in the market, but there are still dozens -- not just a couple, three or four dozen --…
Michael Smitka commented on JJ Hornblass's blog post 'A Better SAAR'
Remember the large regional variation in (un)employment rates ... job losses in some parts of the country are far, far higher than elsewhere. Housing was a big part of such regional booms (and now busts), so for your local market, try to think about…
Profile Information
- First & Last Name
- Michael Smitka
- Corporate Title
- Professor of Economics
- Company
- Washington and Lee University
- Company Description
- elite (undergraduate) liberal arts college, I specialize on Japan and on auto industry
- City, ST
- Lexington, VA
Michael Smitka's Blog
Detroit's Drop Dead Day: Op/Ed on policies to support the auto industry
Posted on February 16, 2009 at 7:55am 3 Comments 0 Likes
Richmond Times-Dispatch, Saturday, January 14, 2008; A15.
Detroit's Drop Dead Day
When the good news is that Honda's sales in the US are down by only 28% – and Toyota projects losses of only $5 billion – it’s clear the problems in the auto industry extend well beyond Detroit. Market projections by car companies for 2009 vary by 30%, while light truck sales are up – for now. Which cars will sell is no clearer than how many will sell. Yet in its December "bailout" to the industry… Continue
Detroit's Drop Dead Day
When the good news is that Honda's sales in the US are down by only 28% – and Toyota projects losses of only $5 billion – it’s clear the problems in the auto industry extend well beyond Detroit. Market projections by car companies for 2009 vary by 30%, while light truck sales are up – for now. Which cars will sell is no clearer than how many will sell. Yet in its December "bailout" to the industry… Continue
Initial Post on "What if GM...."
Posted on November 19, 2008 at 12:06pm 7 Comments 0 Likes
Note I've just joined the forum so what follows may be redundant ... I've not searched for what others have said on the topic. Yet. The following was posted as a comment to Marcie Belles, and I'm reposting here.
Anyway, I'm working with my university's communications people right now to try to put together an audio portion, a news release and then work on op-eds and the like. Once I know a web link (later today!), I'll put it here. I've also exchanged many emails with a forum member,… Continue
Anyway, I'm working with my university's communications people right now to try to put together an audio portion, a news release and then work on op-eds and the like. Once I know a web link (later today!), I'll put it here. I've also exchanged many emails with a forum member,… Continue
Comment Wall (4 comments)
- At 6:33pm on December 1, 2008,
Bill Thaxton said… - No issue here. I was just trying to relate to what the media and others are trying to do to dispel what all of us have grown up to understand as the Big 3. Not only are they no longer that but as things are moving maybe the end result could be that none of them survive. It's sort of like "Prince, formerly known as" for who knows what is ultimately going to happen to the auto industry. You and I could see Toyota consuming parts of all the Detroit 3, However, given the financial crisis as we know it no one can likely buy anyone these days. Have a good day.
- At 6:25pm on December 1, 2008,
Michael Smitka said…
- Sorry, replied on Bill's site in more detail, my preference is for the Big Six plus Little Eight plus imports, but force of habit and the current policy debates lead me to fall back on the most readily understood group of labels. From an analytic standpoint, singling out 3 firms doesn't make sense in the NAFTA market.
- At 1:36pm on December 1, 2008,
Bill Thaxton said…
- Michael, I noticed you continue to call GM, Ford and Chrysler the Big 3. The industry has adapted to calling them the Detroit 3 since they are no longer the biggest 3.
- At 11:18am on November 19, 2008,
Marcie Belles said… - Hi, Michael. Welcome to the site. I'm curious: What's your take on what's going on in the auto industry right now?
Subscribe to Auto Finance News by clicking here.
Details
About Us
Guide to Posting Images
Videos
Code of Ethics
Advertise
Our Other Sites:
Air Cargo Management Group
AccountsRecovery.net
Bank Innovation
________________________
Subscribe to our sister publication, Auto Finance News. Click here to learn more about the industry's leading newsmagazine or here for VIP access.
You agree that in posting to this site you will abide by the Terms of Service spelled out below.
Events
Job Board
© 2012 Created by JJ Hornblass.
