“Unrelated to Obamacare, the annualized domestic vehicles sales collapsed (by the most in 29 months) to 11.66 million – it’s lowest in 11 months – missing expectations by the most since January 2009. And the biggest monthly decline since May 2011.”
Tell me about it. I’ve been in the car business since ‘92. I don’t know exactly what’s causing the downturn but what I do know is business sucks!! to put it mildly. And has really, with just a couple of short reprieves, since Obama took office.
The better times were just an illusion, really. When so many of the new car dealers were closed everyone left got a bigger piece of the pie. Only problem is, the pie is not getting bigger.
The stupid US government is gonna find that out when they see the dismal reports for the lack of people who could afford to buy their healthcare insurance on the exchanges.
There was a spike in buying cars after the disasters, lotsa flooded and destroyed cars needed replacement.
FUBOcare is not flooding cars, it is killing valets.