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US auto sales declines show signs of stability
Yahoo/AP ^
| 7/1/2009
| Tom Krisher, AP Auto Writer
Posted on 07/01/2009 12:48:02 PM PDT by Riflema
U.S. sales at Ford and Chrysler last month offered sharply different views on the downtrodden U.S. market for cars and trucks, while General Motors Corp. held its own even though it entered bankruptcy protection.
(Excerpt) Read more at finance.yahoo.com ...
TOPICS: Culture/Society; Politics/Elections
KEYWORDS: automakers; chrysler; fordmotor; generalmotors; governmentmotors; obammy
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Well, well, well. Looks like the invisible hand of the market is passing judgement on 0's takeover of GM and Chrysler. Good!
I know Ford got suckered into some other nonsense and took some of our cash for R&D, but nonetheless they remain the last, best hope for a US Auto industry.
1
posted on
07/01/2009 12:48:02 PM PDT
by
Riflema
To: Riflema
Lesson learned. Don’t beg for govt. dollars. The consumers don’t like it.
2
posted on
07/01/2009 12:52:21 PM PDT
by
CobraJet
To: Riflema
Month to month or year-on-year?
3
posted on
07/01/2009 12:52:37 PM PDT
by
RockinRight
(Obama: Math is hard, so we just make sh-t up.)
To: Riflema
In the total scheme of things that is not bad for Ford. Looks like fewer takers for Obama Motors.
To: Riflema
GM & Chrysler will become black holes where the Dems will pour cash by the billions until it becomes apparent that the hamster is dead............
5
posted on
07/01/2009 12:56:03 PM PDT
by
Red Badger
(Inquiring minds want to know, but American Idol minds could care less...)
To: Riflema
I like the headline:
US auto sales declines show signs of leveling off
. If Bush were still in office, it would be, "Auto sales continue their plunge".
6
posted on
07/01/2009 12:57:55 PM PDT
by
John Jorsett
(scam never sleeps)
To: RockinRight
It's year-over-year, they must have changed the title of the story, now it says: US auto sales declines show signs of stability.
Now don't that pig look pretty in lipstick?
7
posted on
07/01/2009 1:06:03 PM PDT
by
Brett66
(Where government advances, and it advances relentlessly , freedom is imperiled -Janice Rogers Brown)
To: RockinRight
Year-on-year. So 10% off June 2008. I forget if we had gone over the cliff by then or were still marching towards it?
8
posted on
07/01/2009 1:07:17 PM PDT
by
Riflema
To: Parley Baer
Quite. Somehow I can’t see small businesses rushing to buy pickups from Obamotors.
9
posted on
07/01/2009 1:08:21 PM PDT
by
Riflema
To: Riflema
The economy will not recover so long as it continues to be nationalized. It can only recover by reversing this trend.
10
posted on
07/01/2009 1:08:29 PM PDT
by
Man50D
(Fair Tax, you earn it, you keep it! FairTaxNation.com)
To: Brett66
My fault. The main headline was meaningless (as you note). The meat is in the subhead.
11
posted on
07/01/2009 1:09:28 PM PDT
by
Riflema
To: Riflema
Not a surprise at all. People are buying Toyota and Honda...much better cars and last forever.
To: Riflema
Just how exactly is GM’s 33% plunge in sales “holding their own?”
13
posted on
07/01/2009 1:10:47 PM PDT
by
dangus
To: Riflema
Yep, CEO Obama branded GM and Chrysler well. Adios suckers...
Those union workers sure must be thrilled with their November '08 votes.
The following is directed to all Freepers in general.
Some Freepers see everything through a red, white, and blue filter. Lets prove right now how many of us do. 1% of the Freepathon total has been reached.
Do the deed. Click those smiling faces right now. Spread the word...
14
posted on
07/01/2009 1:11:52 PM PDT
by
DoughtyOne
(_res__ent of the United States, Barack Hussein Obama)
To: Riflema
Obama’s “Cash for Clunkers” program just gave consumers a reason to postpone auto purchases until the plan is finalized and dealers are certified. What a way to stimulate the economy!
15
posted on
07/01/2009 1:12:04 PM PDT
by
kaboom
To: napscoordinator
Looks like they are still buying trucks too...
That’s gotta bother Obama...
16
posted on
07/01/2009 1:12:08 PM PDT
by
ltc8k6
To: ltc8k6
Actually I am not sure anything really bothers Obama. He was tauting National Health Care today in Virginia. He tried to claim we are only changing insurance...not anything medical except unnecessary procedures. Made me say....hummmmmmmmmm.
To: Riflema
The owner of my company (a small business) told me yesterday to get a quote on a Ford pickup. He said he was through with Goverment Motors.
18
posted on
07/01/2009 1:16:23 PM PDT
by
DirtyDawg
(eat fruit)
To: Riflema
If Ford goes hyper pro-gay again, I’m done with them too.
As it is I tend to buy used. Support local used car dealers, I can get Fords if I want them.
19
posted on
07/01/2009 1:19:04 PM PDT
by
Secret Agent Man
(I'd like to tell you, but then I'd have to kill you.)
To: Riflema
Another very telling statistic is market share.
In June 2008 FORD had 16% market share and in June 2009 FORD has 25% market share.
Meanwhile at GOVERNMENT MOTORS their market share has dropped from 25% in June 2008 to 23% in June 2009.
The Invisible Hand of capitalism seems to be working just fine.
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