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    July '09 numbers are in

    July_09.jpg


    --
    Happy Driving

    Re: July '09 numbers are in

    Wow, That is a stunningly bad report. I am surprised. All the negatives are in comparison to an already weak crisis mode, high gas price July 08.

    And the govt. "CASH for Clunkers" program accounted for 222,000 vehicle sales in the last week of the month. 1,000,000,000 / 4,500. It ran out of money in that 1 week.

    So take away a good portion of 200,000 cars and sales would be even worse.

     

     Ford is up and GM and Chrysler are down, which proves that the taint of Bankruptcy does have an effect. All i can say is that the consumer was not spending in July.


    Re: July '09 numbers are in

    Interesting to see VW relatively buoyant in this kind of environment. Which part of the world is buying most of its cars?Smiley


    --
    2008 Boxster S


     
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