{"id":285,"date":"2009-08-10T00:00:00","date_gmt":"2009-08-10T00:00:00","guid":{"rendered":"http:\/\/blog.njstateauto.com\/auto-industry-news\/struggling-automakers-finances-could-affect-future-supply-of-used-cars-in-new-jersey\/"},"modified":"2009-08-10T00:00:00","modified_gmt":"2009-08-10T00:00:00","slug":"struggling-automakers-finances-could-affect-future-supply-of-used-cars-in-new-jersey","status":"publish","type":"post","link":"https:\/\/www.njstateauto.com\/blog\/struggling-automakers-finances-could-affect-future-supply-of-used-cars-in-new-jersey\/","title":{"rendered":"Struggling automakers’ finances could affect future supply of used cars in New Jersey"},"content":{"rendered":"

The government currently has a stake in both Chrysler<\/a> and General Motors, and while they are optimistic that GM could go back on the stock market by next year, the continuing troubles for both firms could affect the supply of used cars in New Jersey<\/a>.<\/p>\n

A reduction in sales for the past year has led to both companies cutting down on production of new cars, and White House officials say that General Motors may be able to even break even this year, if the industry as a whole can sell 10 million cars, according to BusinessWeek.<\/p>\n

Demand could increase for used Chrysler cars in New Jersey<\/a>, because “[the firm] is undertaking a remarkable transformation, but it will take time for new vehicles to come out,” Ron Bloom, a senior adviser to the White House, told the magazine.<\/p>\n

If the $65 billion already given to the automakers doesn’t provide them enough stability to remain solvent, the Obama Administration will not recommend future financial aid, according to a New York Times report.<\/p>\n

Neither will auto parts suppliers, which some analysts have said will go bankrupt because of reduced demand for new cars, noted the newspaper.<\/p>\n","protected":false},"excerpt":{"rendered":"

The government currently has a stake in both Chrysler and General Motors, and while they are optimistic that GM could go back on the stock market by next year, the continuing troubles for both firms could affect the supply of used cars in New Jersey. A reduction in sales for the past year has led […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,14],"tags":[],"yoast_head":"\nStruggling automakers' finances could affect future supply of used cars in New Jersey<\/title>\n<link rel=\"canonical\" href=\"https:\/\/www.njstateauto.com\/blog\/struggling-automakers-finances-could-affect-future-supply-of-used-cars-in-new-jersey\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Struggling automakers' finances could affect future supply of used cars in New Jersey\" \/>\n<meta property=\"og:description\" content=\"The government currently has a stake in both Chrysler and General Motors, and while they are optimistic that GM could go back on the stock market by next year, the continuing troubles for both firms could affect the supply of used cars in New Jersey. A reduction in sales for the past year has led […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.njstateauto.com\/blog\/struggling-automakers-finances-could-affect-future-supply-of-used-cars-in-new-jersey\/\" \/>\n<meta property=\"og:site_name\" content=\"Used Car Blog - NJ State Auto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NJStateAuto\/\" \/>\n<meta property=\"article:published_time\" content=\"2009-08-10T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn-ds.com\/blogs-media\/sites\/174\/2020\/06\/10141444\/NJStateAuto.com-url.png\" \/>\n\t<meta property=\"og:image:width\" content=\"517\" \/>\n\t<meta property=\"og:image:height\" content=\"61\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@twinturboblogsadmin\" \/>\n<meta name=\"twitter:site\" content=\"@njstateauto\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"1 minute\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#organization\",\"name\":\"NJ State Auto Used Cars\",\"url\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/NJStateAuto\/\",\"https:\/\/www.instagram.com\/jerseycitycars\/\",\"https:\/\/www.youtube.com\/njstateauto\",\"https:\/\/www.pinterest.com\/njstateauto\/\",\"https:\/\/twitter.com\/njstateauto\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/cdn-ds.com\/blogs-media\/sites\/174\/2019\/08\/01181502\/NJ-State-Auto-Logo.png\",\"contentUrl\":\"https:\/\/cdn-ds.com\/blogs-media\/sites\/174\/2019\/08\/01181502\/NJ-State-Auto-Logo.png\",\"width\":240,\"height\":240,\"caption\":\"NJ State Auto Used Cars\"},\"image\":{\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#website\",\"url\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/\",\"name\":\"Used Car Blog - NJ State Auto\",\"description\":\"Official NJ State Auto Used Car Blog\",\"publisher\":{\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.njstateauto.com\/blog\/struggling-automakers-finances-could-affect-future-supply-of-used-cars-in-new-jersey\/#webpage\",\"url\":\"https:\/\/www.njstateauto.com\/blog\/struggling-automakers-finances-could-affect-future-supply-of-used-cars-in-new-jersey\/\",\"name\":\"Struggling automakers' finances could affect future supply of used cars in New Jersey\",\"isPartOf\":{\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#website\"},\"datePublished\":\"2009-08-10T00:00:00+00:00\",\"dateModified\":\"2009-08-10T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.njstateauto.com\/blog\/struggling-automakers-finances-could-affect-future-supply-of-used-cars-in-new-jersey\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.njstateauto.com\/blog\/struggling-automakers-finances-could-affect-future-supply-of-used-cars-in-new-jersey\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.njstateauto.com\/blog\/struggling-automakers-finances-could-affect-future-supply-of-used-cars-in-new-jersey\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/\",\"url\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"position\":2,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.njstateauto.com\/blog\/struggling-automakers-finances-could-affect-future-supply-of-used-cars-in-new-jersey\/\",\"url\":\"https:\/\/www.njstateauto.com\/blog\/struggling-automakers-finances-could-affect-future-supply-of-used-cars-in-new-jersey\/\",\"name\":\"Struggling automakers’ finances could affect future supply of used cars in New Jersey\"}}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/www.njstateauto.com\/blog\/struggling-automakers-finances-could-affect-future-supply-of-used-cars-in-new-jersey\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.njstateauto.com\/blog\/struggling-automakers-finances-could-affect-future-supply-of-used-cars-in-new-jersey\/#webpage\"},\"author\":{\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#\/schema\/person\/85a5d50e1018cb4599818aa86c1fbcb3\"},\"headline\":\"Struggling automakers’ finances could affect future supply of used cars in New Jersey\",\"datePublished\":\"2009-08-10T00:00:00+00:00\",\"dateModified\":\"2009-08-10T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.njstateauto.com\/blog\/struggling-automakers-finances-could-affect-future-supply-of-used-cars-in-new-jersey\/#webpage\"},\"publisher\":{\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#organization\"},\"articleSection\":\"Auto Industry News,Chrysler - DO NOT USE\",\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#\/schema\/person\/85a5d50e1018cb4599818aa86c1fbcb3\",\"name\":\"Admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7c0a5c116c6177d90b6c8cbf34228fad?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7c0a5c116c6177d90b6c8cbf34228fad?s=96&d=mm&r=g\",\"caption\":\"Admin\"},\"sameAs\":[\"https:\/\/twitter.com\/twinturboblogsadmin\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/posts\/285"}],"collection":[{"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/comments?post=285"}],"version-history":[{"count":0,"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/posts\/285\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/media?parent=285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/categories?post=285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/tags?post=285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}