Ahhhh.. the financial crisis has really spread globally and even the toughest and stable nations are now experiencing a hit on their economy. All sectors are being affected and just last night I was watching the news many of our overseas workers in US and Ireland are continuously being fired from their work. A very frightening scene and we could only hope for a better tomorrow.
Car manufacturers have also cut their production bec. there is low demand in the market eventhough they are giving good discounts and fare prices. Some would have even give auto insurance rates to somewhat get the people to buy but with the recession and crisis no one would even think of buying a posh new car at this moment. Second hand cars are much preferred these days I reckon. We just need to pray and be more hopeful for the coming day, I am sure that there is new light at the end of the tunnel.
Car manufacturers have also cut their production bec. there is low demand in the market eventhough they are giving good discounts and fare prices. Some would have even give auto insurance rates to somewhat get the people to buy but with the recession and crisis no one would even think of buying a posh new car at this moment. Second hand cars are much preferred these days I reckon. We just need to pray and be more hopeful for the coming day, I am sure that there is new light at the end of the tunnel.
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