Vintage Autos Return To Prairie Avenue (3)
Yesterday , I did a simple tough calculation about General Motors to try to get at how much manufacturing job loss one might attribute to international competitors versus automation and productiveness will increase. Varied commenters objected that my assumptions had been too simplistic, notably in neglecting the home content in foreign autos and the importance of shifts within the supply chain over time.
Complicating your exercise even more is the fact that people tend to maintain their automobiles longer these days than they used to. That is largely because quality has gone up, decreasing the frequency needed to buy a new automotive. I think this has way more to do with the declining share of GDP devoted to auto purchases than any of the opposite components you talked about.
Vic and Jude’s Bahama Blue 1965 VW Beetle had been affected by use as a slammed day by day driver on the pothole ridden streets around Brighton and Hove, so in it got here for a full working gear service, brake check and a pair of recent shock absorbers at the rear. Change nothing!! Nick & the remainder of the staff the place completely awesome. It was really easy & painless. I’ve never bought a automobile before that I used to be in & out less than an hour. Great expertise!!!! Obtain Value Alert emails when worth changes, new provides turn into available or a vehicle is offered. Great people, simple purchase. No issues from begin to end and we obtained what we wished. You’re now logged in as and can obtain alerts when worth adjustments, new affords become out there or a car is offered. Shifting safety warnings and evaluations deal with how autos mild up the roadways. At the same time, manufacturers are poised to roll out new headlamp technology.
I am a scientist and innovator within the expertise trade, with a broad range of interests and experiences. I’ve a Physics PhD, MS in CS, and have executed research , lived in cohousing communities, run a enterprise, and designed technology merchandise. Professionally, I’ve mainly labored on laptop security problems. At the moment I’m Adjunct Professor of Computer Science at Cornell, but this weblog represents my views solely. E mail me at stuart – at – earlywarn – dot – org. I do learn all e-mail, but because the blog is a part-time unfunded enterprise, I usually fail to reply as a consequence of lack of time – apologies.
The odd-looking line on this graph is the one for domestic consumption of autos and parts as a fraction of GDP; the road starts to drop after 2002, solely reversing in 2010. It is odd to me as a result of a graph of US automobile gross sales is basically flat from 2001 to 2007 at between sixteen and 17 million vehicles per 12 months. Reading off Stuart’s graph above, the gross consumption line starts at about three.7% of GDP in 2001 and drops to round 2.8% in 2007, so roughly a 25% drop. Taking a look at BEA Table 1.1.5. US GDP rose 36% during that period.