I need some other number. How many cars were sold last month that didn’t qualify for that $4500 nifty “scr** you and me” bonus.
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Our "award-winning" "mainstream" news media does not want "average" Americans to know too many details.
I looked up the numbers of annual sales in America and found on the website of NADA National Automobile Dealers Association that 16.1 million "light duty vehicles" were sold in 2007, and 13 million in 2008.
So let us say that without any government programs of 'stimulus' at least 10 million vehicles would have been sold this year.
That works out to almost 200,000 vehicles every week.
U.S. Auto Sales May Reach 2009 High on ‘Clunkers’ Aid
July 31 (Bloomberg) -- U.S. auto sales may reach a 2009 high in July after the government’s $1 billion “cash-for- clunkers” incentives program lured shoppers back to showrooms.
Industrywide deliveries will run at a seasonally adjusted annual rate of 10.1 million cars and light trucks, based on 7 analysts surveyed by Bloomberg. Sales will fall 24 percent at General Motors Co., 33 percent at Chrysler Group LLC and 6.1 percent at Ford Motor Co., according to 6 estimates.
A sales rate matching the analysts’ projections may signal a possible bottom to the worst slump in demand since at least 1976. Buyers drained most of the initial “clunkers” funding in less than a week, spurring the U.S. House to approve an emergency measure today to add $2 billion more.
“The incentives coupled with already high car company discounts have put a new automobile within reach of consumers that would have shopped for a used vehicle,” said Joe Barker, an analyst at consultant CSM Worldwide Inc. in Northville, Michigan.
Automakers report July sales on Aug. 3. The results will show the industry suffered its 21st consecutive month of declines. A 10.1 million annual rate would be 19 percent less than a year earlier.