Chrysler: U.S. Sales Rise 40 Percent

Discussion in 'Economy' started by rdean, Mar 2, 2012.

  1. rdean
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    rdean Guest

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    Overall, industry analysts expect all automakers to sell nearly 1.1 million cars and trucks in the U.S. in February. The consulting firm LMC Automotive raised its forecast for annual sales to 14 million from 13.8 million based on strong sales in the first two months of 2012. That's up from 12.8 million last year.

    After hitting a 30-year low in 2009, sales have risen the last two years. And the auto industry sees several trends that could lift sales further. The average car on U.S. roads is now a record 10.8 years, so there is an increasing need to replace older vehicles. Credit availability is improving, bringing more people back into the market. Japanese automakers have largely recovered from last year's earthquake and now have more cars to sell. And consumer confidence rose dramatically in February, making people more likely to consider a new car.

    Chrysler: U.S. Sales Rise 40 Percent | News | Manufacturing.net

    Whoever made that first comment must be a really smart guy.
     
  2. Dr.House
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    Dr.House Lives on in syndication!

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    With car sales so high, are you personally doing well enough to buy a new car? Do you know anyone who is? How many new cars do you see on the roadway where you live?

    Do you believe this latest bit of astroturf?
     
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    Chrysler screwed the taxpayers for at least $3.5 Billion.

    Sure, they payed back the TARP loans, but they didn't pay back the $1.9b Debtor-in-Posession “loan” which financed Chrysler during bankruptcy and was conveniently left to die with the remains of “Old Chrysler.” They didn't pay back the $1.5b loaned to Chrysler’s suppliers to keep them afloat amidst the bailout chaos either.....

    Liberals call this "Success".....:cuckoo:
     

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