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 $4,500 in cash for buyers who traded in older gas guzzlers for more efficient models.
(Excerpt) Read more at money.cnn.com ...
Clash with clunkers = all cashed out. What OblahMao touches turns to rust. One dolt = massive unsold Volts. If the sticker don’t shock ya the unsold inventory will.
There was a time when I was determined to Buy American. Alas, the time has passed. I feel I have let my father and uncle who fought in WWII down, but I know they would fight this creeping communism that has taken over the US too.
thank you for your replies.
I need a work truck. something like this only half as many miles.
http://www.commercialtrucktrader.com/find/listing/2005-FORD-F350-96091595
see post 35
Had less than 40K miles on it.
that is what I’m after
big enough for the family, cheap to run and decent mileage and age.
we’re going to a couple of showrooms tomorrow again.
We checked out craiglist but nothing decent is on there near us
yup. Kinda like toyotas.
Like her husband is always a Marine, a Marine wife is always a Marine wife.
There are a number of quality auto makes with foreign names, but the cars are actually assembled in the US with (more reasonable) US union skilled labor.
Everybody, including US brand companies use many parts made overseas, but you still can support US workers in the US without buying Government Motors products.
Ask the dealer, and they can tell you where each car they have in stock was made.
Well darn. I won’t drive a Ford because I don’t want to be thought of as a fag, now the Cooper is out because I wouldn’t want to be known as a douchebag.
Heck, if I just bought a horse I would risk being called a “broke back” cowboy.
Life is so complicated. ;>)
My wife is selling a 2005 Nissan 2.5S 4cly auto 34,700 miles worth @$ 10.000
*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. =.=
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!
Possibly due to government contract/s?
Yep, you have to pedal like the dickens to get up to highway speed. ;)
Is that the pimpmobile version?;)
“Clunker of Recovery”
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.
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.
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