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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: surfbaron who wrote (10030)12/5/2002 8:21:12 PM
From: Mike M2  Respond to of 89467
 
S, the 30% decline was for the month of October 02 vs Oct 01 . mike



To: surfbaron who wrote (10030)12/5/2002 10:36:15 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 89467
 
dont worry, Slick, you dont offend me
October comparisons are versus post-WTC patriotic sales
even my father purchased a Buick in Oct2001
he didnt need it, but traded in a 3-yr old Buick
unit sales are up there, for sure
but these are profitless sales

the irony of car sales are two-fold:
1. more profit from financing than building
2. cost of worker layoffs is greater than for building cars

we have a monster coming down the pike
it will do major damage to the economy
/ jim