Zoltan, are you distorting the truth to cause a slowdown?
I think I saw the same facts presented correctly elsewhere.
"DETROIT -- U.S. auto sales were at 92% of November's sales in December, the second straight month of relatively high sales, as the economic
expansion lossened its grip on consumers at the end of a record sales year. Even with the Federal
Reserve's move to cut interest rates, auto makers said the watchword for 2001 is hope.
"The economy has definitely transitioned," Ford Motor Co. sales analyst George Pipas said. "We know
it, Intel knows it and Banana Republic knows it." Despite the rate cut, announced while he was on a
conference call with securities analysts to discuss sales results, Mr. Pipas said Ford is sticking to its
new forecasts for sales next year.
December brought big sales and other special promotions for Detroit's Big Three. General Motors Corp. said sales were
337,972 vehicles, there was one less selling day last month
than a year ago. Sales at Ford were 275,095. DaimlerChrysler AG's Chrysler unit said its
sales were 167,672."
When information is reported as it should be, the public is allowed to feel better. Is this not really the important thing? Zoltan, please, no more negative drivel, in your blatent attempt to make things look worse than they are! |
