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By Jeff Harding It isn’t as if taking your money and giving it to other people to buy new cars doesn’t create sales, it obviously did and I would expect that we’ll see an upward tick in GDP for Q3 as a result. Almost every investment house is revising upward their predictions on Q3 results. The Wall [...] By Jeff Harding
U.S. auto sales in July climbed to their highest pace in 11 months, as customers rushed to showrooms amid uncertainty about the future of the federal government’s “Cash for Clunkers” incentive program. [According to Edmunds, all auto industry sales for July were down 12% from a year ago.] Now, car [...] |
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