Cash For Clunkers Impact on Car Sales


	Cash For Clunkers Impact on Car Sales

willhelm

9-22-2009 8:29 PM

179 views

willhelm says:

One of the biggest wastes of money in the history of government.

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9-23-2009 9:20 AM

Eaglewings

Yeah now everyone is waiting for A CASH FOR CLUNKERS BAIL OUT.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/c72c76c1-06e7-4c7e-a360-e029e40e8ca6/DABB1E34-B419-42F1-B2CC-29E84F293220/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.edmunds.com/help/about/press/157426/article.html" href="http://www.edmunds.com/help/about/press/157426/article.html" style="font-size: 11px;">www.edmunds.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.edmunds.com/help/about/press/157426/article.html"><P>As the auto industry recovers from perhaps the biggest aberration in its sales history, <A href="http://www.edmunds.com/">Edmunds.com</A> analysts are watching closely.</p> <P>"The best month of the year for car sales is being quickly followed by what could be the worst month of the year," noted Edmunds.com CEO Jeremy Anwyl. "<A href="http://www.edmunds.com/cash-for-clunkers/">Cash for Clunkers</A> was supposed to prime the pump, but that is a physics concept, and economics is quite different. Demand has dropped off significantly since the program ended." </p> <P>"Based on the current rate of sales, we anticipate that September's SAAR will be 8.8 million units," stated Edmunds.com Senior Statistician Zhenwei  Zhou. "Last year when the bottom was falling out of the economy, September SAAR was 12.5 million, and prior to that it had been over 16 million for years. Many people regard February as the darkest month of the recession, but even then the SAAR was higher, at 9.1 million units." </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/DABB1E34-B419-42F1-B2CC-29E84F293220/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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