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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (177771)1/18/2009 5:14:30 PM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
Now I have learned that JCI is forecasting 9.2-9.7 million units.

wow....what is that ? like nearly HALF last year's production?

i do see a silver lining though...average GM loss per unit is $4k....so we're looking at some progress<gg>



To: TH who wrote (177771)1/18/2009 5:34:02 PM
From: Patricia TrincheroRead Replies (1) | Respond to of 306849
 
Americans are drunk with their love for big vehicles. I just returned from a walk and noticed the guy around the corner just bought a Hummer recently.............that's insane!

No one wants to believe that we need to reduce energy use.....there is a limit to the amount of available fuel on this planet.

I am happy cause my husband is reducing his inventory of large vehicles as the market for them has increased lately.



To: TH who wrote (177771)1/19/2009 10:30:46 AM
From: ajtj99Read Replies (1) | Respond to of 306849
 
I told a client in Detroit back in September to be prepared for 2-years of 10-million annual sales for the US auto business. He believed me, but also was stunned at how things had changed.

People forget that in WWII there were 4-years without auto production and aside from the shortage of rubber for tires and gas rationing, we seemed to get by just fine.

The years 2014-2016 ought to be stupendous for the auto business as pent up demand meets a strong economic recovery that should begin ramping in 2013.