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Carmakers post solid sales in encouraging sign for economy

Just like other economic numbers; a single month change does not portray a trend.

Neither company would have crashed and burned; they would have have trimmed down and come back leaner.is with the government stepping in; it re-enforced the issue that they were to big to fail. That continues to encourage bad behavior by management and unions
 
EagleKeeper said:
Just like other economic numbers; a single month change does not portray a trend.

Neither company would have crashed and burned; they would have have trimmed down and come back leaner.is with the government stepping in; it re-enforced the issue that they were to big to fail. That continues to encourage bad behavior by management and unions
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Maybe we should not bailed out Wall Street then they would came back trimmed down and leaner.
 
That's some good news, thanks. My first reaction was that high gas prices were driving new vehicle sales, but considering that Jeeps and Explorers are leading the sales, apparently not. Unless these are people who were driving dump trucks.
 
Was some good news about housing prices too.

A few markets seem to have bottomed out and are starting to rebound.

If this type of good news continues then maybe in another 3-6 months we will start to get a real rebound.
 
bailouts and welfare both encourage anything but lean.

Women's weight goes UPWARD as their income goes DOWNWARD.

Too lazy to find the statistic but trust me its true. Welfare and bailouts make you fat.
 
I think what we might be seeing is that people can't put off purchases forever. Eventually you need to replace your car. There is still some saved up wealth out there. The problem is none of the systemic problems with our economy are going to go away.

Wages are still going to be flat or decreasing and unemployment/underemployment is going to continue to rise given pressure from cheaper labor markets.
 
In before "Government Motors!!!!!11one! Wharrrgarbl!!!".

This is good news. It doesn't mean that car manufacturers or the economy as a whole are out of the woods yet, but it is encouraging.
 
This proves one thing... If we actually put Obama policies into place, things might be a lot better for everyone today. Why tolerate republican failed policies, especially when that is what put us in the sad place we find ourselves in today? If we had healthcare with the public option, debit ceiling raised without conditions, a much more aggressive stimulus back in 2008, basically everything Obama originally wanted and nothing that the republicans ended up getting, can you imagine the pain we could have avoided.
Here we have just one example where Obama got his way, with the auto industry bailout, and today that industry is more alive and healthy than anyone could have ever imagined. Whereas every other area where republicans got their way, blocked, or watered down Obama policies, we have massive failure.
In a smart world, congress would put in place policies that have proven to work, and ignore past policies that have never worked. But sadly we are living in the age of Alice in republican-land.
 
yeah... to bad no American company makes a car really worth buying. Hell the Japanese are losing out too. At this point I'd much rather buy a hyundai than anything else out there.
 
Can the good sales numbers on new cars caused of the high prices on used cars.
trad-in value is that much closer to sales prices on new cars
 
Pocatello said:
People out there are still purchasing cars from Chrysler? Don't people do research when they buy cars?
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People buying cars from Chrysler is quite good for the auto industry. They are practically worthless by the time one trades them in and they do not last very long, thus ensuring more new cars are purchased.
 
ProfJohn said:
Was some good news about housing prices too.

A few markets seem to have bottomed out and are starting to rebound.

If this type of good news continues then maybe in another 3-6 months we will start to get a real rebound.
Click to expand...

Do not hold your breathe, the job numbers tomorrow is going to be awful.

Even the eternally bullish Goldman Sachs has revised their forecast down.
 
bfdd said:
yeah... to bad no American company makes a car really worth buying. Hell the Japanese are losing out too. At this point I'd much rather buy a hyundai than anything else out there.
Click to expand...

i wouldn't. they've been advertising 40 mpg in their cars, but IRL people have been struggling to get 35.
 
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