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Auto sales: Worst August since 1983
http://money.cnn.com/2010/09/01/news/companies/august_auto_sales/ ^

Posted on 09/09/2010 4:24:41 PM PDT by Red in Blue PA

NEW YORK (CNNMoney.com) -- The nation's top automakers reported disappointing sales Wednesday, resulting in the worst August for industrywide auto sales in 27 years.

According to sales tracker Autodata, U.S. new vehicle sales fell just short of 1 million vehicles, a drop of 21% from a year ago, which included Cash for Clunkers. That federal program created a sugar rush of sales by dangling an incentive of up to $4,500 in cash for buyers who traded in older gas guzzlers for more efficient models.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: 0bamasfault; bhoeconomy; obamasfault; obamnomics; recoverysummer
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To: Red in Blue PA

Clash with clunkers = all cashed out. What OblahMao touches turns to rust. One dolt = massive unsold Volts. If the sticker don’t shock ya the unsold inventory will.


41 posted on 09/09/2010 5:40:43 PM PDT by tflabo
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To: Navy Patriot

There was a time when I was determined to Buy American. Alas, the time has passed. I feel I have let my father and uncle who fought in WWII down, but I know they would fight this creeping communism that has taken over the US too.


42 posted on 09/09/2010 5:41:58 PM PDT by Semperfiwife (This is the "Ba-roke" era.)
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To: ViLaLuz; All

thank you for your replies.


43 posted on 09/09/2010 5:45:24 PM PDT by manc (WILL OBAMA EVER GO TO CHURCH ON A SUNDAY OR WILL HE LET THE MEDIA/LEFT BE FOOLED FOR EVER)
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To: manc

I need a work truck. something like this only half as many miles.

http://www.commercialtrucktrader.com/find/listing/2005-FORD-F350-96091595


44 posted on 09/09/2010 5:47:02 PM PDT by mamelukesabre (Si Vis Pacem Para Bellum (If you want peace prepare for war))
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To: Semperfiwife

see post 35


45 posted on 09/09/2010 5:48:25 PM PDT by mamelukesabre (Si Vis Pacem Para Bellum (If you want peace prepare for war))
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To: manc
Six months ago I spent 10K on a 2006 Nissan Sentra. Fine car so far.

Had less than 40K miles on it.

46 posted on 09/09/2010 5:49:05 PM PDT by hinckley buzzard
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To: Gator113
Mini Cooper is way over priced due to douchebag demand.
47 posted on 09/09/2010 5:52:23 PM PDT by hinckley buzzard
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To: hinckley buzzard

that is what I’m after
big enough for the family, cheap to run and decent mileage and age.
we’re going to a couple of showrooms tomorrow again.
We checked out craiglist but nothing decent is on there near us


48 posted on 09/09/2010 5:55:53 PM PDT by manc (WILL OBAMA EVER GO TO CHURCH ON A SUNDAY OR WILL HE LET THE MEDIA/LEFT BE FOOLED FOR EVER)
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To: hinckley buzzard

yup. Kinda like toyotas.


49 posted on 09/09/2010 5:57:58 PM PDT by mamelukesabre (Si Vis Pacem Para Bellum (If you want peace prepare for war))
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To: Semperfiwife
Rest easy, you have NOT let down your menfolk.

Like her husband is always a Marine, a Marine wife is always a Marine wife.

There are a number of quality auto makes with foreign names, but the cars are actually assembled in the US with (more reasonable) US union skilled labor.

Everybody, including US brand companies use many parts made overseas, but you still can support US workers in the US without buying Government Motors products.

Ask the dealer, and they can tell you where each car they have in stock was made.

50 posted on 09/09/2010 5:58:48 PM PDT by Navy Patriot (Sarah and the Conservatives will rock your world.)
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To: hinckley buzzard

Well darn. I won’t drive a Ford because I don’t want to be thought of as a fag, now the Cooper is out because I wouldn’t want to be known as a douchebag.

Heck, if I just bought a horse I would risk being called a “broke back” cowboy.

Life is so complicated. ;>)


51 posted on 09/09/2010 6:06:08 PM PDT by Gator113 (Beauty will devour the Beast in 2012. Kill "Obamamosque"@ Ground Zero)
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To: Red in Blue PA

My wife is selling a 2005 Nissan 2.5S 4cly auto 34,700 miles worth @$ 10.000


52 posted on 09/09/2010 6:43:39 PM PDT by UB355 (Slower traffic keep right)
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To: Red in Blue PA

*shakeshead*

Hard for me to believe that people are still buying guberment motors vehicles...good frakin grief....we are some stupid people and we never learn anything. =.=


53 posted on 09/09/2010 6:46:15 PM PDT by cranked
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To: Navy Patriot

Right on! I would not drive a government moters company car if it were given to me. And that’s the truth! I hope that forever more, they are known as government motors!


54 posted on 09/09/2010 6:50:04 PM PDT by bareford101 (Be loud! We have nothing – NOTHING - to apologize for in fighting for our Country!!)
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To: Navy Patriot
Who are the morons buying G(overnment)M(otors) cars?

Possibly due to government contract/s?

55 posted on 09/09/2010 7:23:42 PM PDT by voicereason (I Don't Need SEX...I Get Screwed By Democrats Everyday!!!)
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To: Gator113
Now, is there anyone out there that can tell me about the Mini Cooper?

Yep, you have to pedal like the dickens to get up to highway speed. ;)

56 posted on 09/09/2010 7:46:48 PM PDT by Traveler59 (Truth is a journey, not a destination.)
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To: 2ndDivisionVet

Is that the pimpmobile version?;)


57 posted on 09/09/2010 8:50:55 PM PDT by Frank_2001
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To: Red in Blue PA

“Clunker of Recovery”


58 posted on 09/09/2010 9:56:55 PM PDT by Steelers6
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To: Citizen Tom Paine

The dirty little secret of the car sales numbers for last quarter were that a large percentage of the sales were not retail, but to daily rental fleets!

IOW, GM sold cars to Avis, etc., but relatively few to actual consumers coming in off the street.

Finally, yes, since cars will become more and more an occasional purchase, the automakers will adjust and gradually raise the prices to untold heights. This will be okay because it will end up that “amortized” over the lifetime of the car — people will be keeping vehicles much, much longer in the future — the price will still be acceptable.

If you only buy a vehicle once every 10-15 years, for example, which is not a joke going forward, paying $50K instead of $35K for a car you used to keep 4-5 years will be okay. At least that’s what automakers are banking on.


59 posted on 09/10/2010 1:22:15 PM PDT by fightinJAG (Step away from the toilet. Let the housing market flush.)
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To: Citizen Tom Paine

I bought last year because I had a vehicle at 200K and a rebuilt transmission. The replacement vehicle will be kept also until it stops running or becomes too unreliable.


60 posted on 09/10/2010 1:23:40 PM PDT by fightinJAG (Step away from the toilet. Let the housing market flush.)
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