Are Auto Sales Revving Up OR Is It Merely A Fluke Thanks To Incentives?

Kiplinger reports:

Another sign the economy is pulling out of its funk: improving car sales. Look for about 12.5 million cars, SUVs and pickups to be sold by year-end. That’s 500,000 more than had been expected just a few months ago and would represent a 20% rebound from dismal 2009 sales.

That’ll help put most carmakers, including Ford, solidly in the black again, allowing them to earn a profit, despite fewer cars coming off assembly lines. But not General Motors and Chrysler. They’ve still got too far to climb...

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detfan - 4/17/2010 10:04:16 PM

+1 Boost

I guess the author doesn't realize that GM is reporting aprofit this quarter.

Steve - 4/18/2010 10:01:41 AM

+3 Boost

Hey Autospies! Let's bicker about whose wild speculation is "better".

It's getting so we can smell a '00R title a mile off :-( Low in substance, and positioned to incite fame wars.