More Economic Good News: GM sales up 23% in January

Discussion in 'Politics' started by rightwinger, Feb 1, 2011.

  1. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    GM reports solid 23% sales gain in January - Drive On: A conversation about the cars and trucks we drive - USATODAY.com

    Once left for dead, the US Auto industry is showing strength once again. TARP bailouts, which were decried as wasting good money after bad are proving to be a wise investment

    General Motors saw a 23% sales increase in January compared with the year before as customers returned to new-car showrooms.


    Most encouraging was the 36% increase in so-called retail sales, individuals buying new cars, not just big sales to fleet customers such as rental car agencies that are less profitable. Those fleet sales were down 7% compared with the same month a year ago.

     
    Last edited: Feb 1, 2011
  2. WillowTree
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    WillowTree Diamond Member

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    Taxpayer subsidies.. spit.
     
  3. theDoctorisIn
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    theDoctorisIn Senior Mod Staff Member Senior USMB Moderator

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    Socialism! Union corruption! SOCIALISM! Government Motors! Socialism!
     
  4. WillowTree
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    WillowTree Diamond Member

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    We the people have to pay stupid people to buy those cars.
     
  5. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    So let me get this straight:

    In 2009, the government pulled forward demand for cars with "Cash For Clunkers", resulting in higher sales in 2009, and less in 2010.

    So now that normal sales activity has resumed after being drained for January 2010, we are supposed to be excited about all this extraordinary growth?

    As if.
     
  6. Jarhead
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    Jarhead Gold Member

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    Apparently automobile advertising is up big time as well. Could prove to be great news as it trickles down to many other industries.

    Still dont believe in bailouts. You screw up, you fail. Thats the way it is supposed to be.

    What kind of lessons are learned by the "you take a chance and win, you keep all; you take a chance and lose, no losses for you, we will bail you out."
     
  7. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    I would like to take this opportunity to congratulate ObamaMotors for a job well done

    :clap2:

    You proved a lot of naysayers wrong on your ability to compete
     
  8. Jarhead
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    Jarhead Gold Member

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    huh?

    Jeez. You truly are pathetic.
     
  9. driveby
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    driveby Gold Member

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    Same bullshit he used to constantly post about the housing market, but he's went on quiet time on that front and has some new bullshit to troll on.......
     
  10. driveby
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    driveby Gold Member

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    Ehhh, troll post rating ...... 5.5
     

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