Investors Worry, Is The Auto Sales Boom Already Over?

Major automakers on Tuesday posted declines in U.S. new vehicle sales for April in a sign the long boom cycle that lifted the American auto industry to record sales last year is losing steam, sending carmaker stocks down.

The drop in sales versus April 2016 came on the heels of a disappointing March, which automakers had shrugged off as just a bad month. But two straight weak months has heightened Wall Street worries the cyclical industry is on a downward swing after a nearly uninterrupted boom since the Great Recession's end in 2010.

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nguyenvuminh - 5/3/2017 2:28:07 PM

+3 Boost

009 - Are you OK? You're not on your game. I would have thought you title the posting as "Obama killed the auto sales boom"

qwertyfla - 5/3/2017 7:26:32 PM

0 Boost

Obama did and shouldn't you be at a Trump protest somewhere or in your safe space adorned with HilLIARy posters and a pacifier?

MDarringer - 5/3/2017 7:44:32 PM

0 Boost

Popping the popcorn now.

pentupnrgy69 - 5/4/2017 6:44:50 PM

+2 Boost

where would all these dumbass Trump supporters be if they didn't have Obama to whine about...the president who actually did save the American auto industry, while Romney and Trump (the King of debt and bankruptcy) called for letting GM and Chrysler to die? The stupidity and the hypocrisy of these POS Trump supporters just astounds me.

MDarringer - 5/4/2017 6:59:09 PM

+1 Boost

Someone seems triggered and in need of a safe space. Look around you. All you see are sympathetic eyes.

qwertyfla - 5/4/2017 8:18:04 PM

0 Boost

Show me a billionaire and I have met a few and I'll show you someone who has been bankrupt at least 2X. Not all business succeed and Trump had 4 (corporate -not personal) reorgs out of how many successful businesses? I'll stick to a shrewd business man over a community organizer whom was only elected because he was black.

Funny I don't recall seeing any Republican protests during any losses EVER. So why is it that the Libards are the real whiners and sore loosers? We are going to need more pacifiers!