Comments on: Auto sales defy positive statistical trends Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 By: CDNrebel Mon, 05 Jul 2010 20:05:52 +0000 Why do these talking head writers keep referring back to the post crash heyday and assuming we’re heading straight back to that? That’s so ludicrous that it is stupifying! The consumer economy is on ice – that means cars too. The fact that America is even in the 11m annualized range is amazing frankly; guess because no one is buying homes…

By: The1eyedman Sat, 03 Jul 2010 04:46:47 +0000 Unemployment is still high, contrary to what all the pundits are saying there is little sign of a recovery; hence people will only replace vehicles they have too.
Hence, we have a steady market for replacements, but very little market for buying on good advertizing.

By: yr2009 Fri, 02 Jul 2010 19:04:18 +0000 “There’s so much data screaming an upturn could be just round the corner.”

There’s also everyday reality, where most of us live, and this reality tells people unequivocally:
-“Be careful, don’t spend, the recovery story sounds great – but you know it’s just a story.”

By: jstaf Fri, 02 Jul 2010 16:01:38 +0000 The market was flooded by the leasing trend, another bit of pain brought to you by the banking industry.

All of the money that was made on the leasing programs went to pay huge bonuses that are now in offshore bank accounts avoiding taxes.

Another gift from the crypt keeper himself, Alan Greenspan, who decided the best way to do his job was to not do it at all.

By: doctorjay317 Fri, 02 Jul 2010 03:21:31 +0000 “There’s so much data screaming an upturn could be just round the corner.”

Get real Antony, data don’t buy cars, people do.

If you are one of the 10% sitting at home, would you run out and buy a new car?