US Auto Sales

[pphilfran]

I little better than I thought...though, still not good....

http://i264.photobucket.com/albums/ii187/pphilfran/totalautosales111.jpg

http://i264.photobucket.com/albums/ii187/pphilfran/importautosales111.jpg

http://i264.photobucket.com/albums/ii187/pphilfran/domautosales.jpg

[pphilfran]

July - Year on Year

GM up 7.7%
Ford up 8.7
Chrysler up 20.1
Toyota down 22.7
Honda down 28.4
Nissan up 2.7
VW up 20.8
Mazda flat
Subaru down 9.4
Hyundai up 10%
Kia up 28.5
Bimmer up 11.5
M Benz up 13.2
Porsche up 2.4
Ferrari down 31% (97 vs 141 cars)
Maserati up 27.6% (199 vs 156)

[OULenexaman]

That cash for clunkers was a great program....got rid of 95% of all those Obama bumper stickers on the road.

[texaspokieokie]

That cash for clunkers was a great program....got rid of 95% of all those Obama bumper stickers on the road.

yep, & some good cars.

[sappstuf]

GM stock at a new low, $26.81.

[NormanPride]

When should you buy GM because it's too low to pass up?

[jkm, the stolen pifwafwi]

When should you buy GM because it's too low to pass up?

Personally, I'd refrain from buying ANY US automaker after what the government did to bail them out.

[pphilfran]

When should you buy GM because it's too low to pass up?

Here is their chart...you tell me...

http://finance.yahoo.com/echarts?s=GM+Interactive#chart2:symbol=gm;range=1y ;indicator=volume;charttype=line;crosshair=on;ohlc values=0;logscale=on

[pphilfran]

Personally, I'd refrain from buying ANY US automaker after what the government did to bail them out.

Ford?

[sappstuf]

Here is their chart...you tell me...

http://finance.yahoo.com/echarts?s=GM+Interactive#chart2:symbol=gm;range=1y ;indicator=volume;charttype=line;crosshair=on;ohlc values=0;logscale=on

I remember Gaffer saying he would buy lots of GM at the IPO... I wonder if he really did.

[pphilfran]

I remember Gaffer saying he would buy lots of GM at the IPO... I wonder if he really did.

I hope so....:D

[pphilfran]

I miss Gaffer...even Sybarite...

[sappstuf]

I miss Gaffer...even Sybarite...

I don't know if "miss" is the proper word... I certainly rumbled with them quite a bit for awhile.

[TitoMorelli]

I miss Gaffer...even Sybarite...

You're one sick. sick puppy.;)

[pphilfran]

Whips and chains....I like em....

[jkm, the stolen pifwafwi]

Ford?

Especially not Ford. They have a TON of debt. They also have all of the pensions/medical care problems that GM/Chrysler no longer have. Right now, their sales have been boosted by the fact that they didn't take a bailout. However, the American public have incredibly short memories and in 2-3 years I'm not sure they'll be able to keep their sales gains on GM/Chrysler.

[pphilfran]

Especially not Ford. They have a TON of debt. They also have all of the pensions/medical care problems that GM/Chrysler no longer have. Right now, their sales have been boosted by the fact that they didn't take a bailout. However, the American public have incredibly short memories and in 2-3 years I'm not sure they'll be able to keep their sales gains on GM/Chrysler.

Good answer...

[soonercruiser]

I believe that I heard a big part of Chryslers bump, was the new Fiat 500 wart.
:O

[tommieharris91]

Lagging indicator. I expect a worse report next month.

[soonercruiser]

You're one sick. sick puppy.;)

Remember, Phil had the catapult to throw sh** back at him!
:D