Auto Sales Nonetheless Booming

September automobile sales blew previous expectations (13.04M annualized fee vs. 12.6M expected), while registering a large eleven.2{ce761d482549002b5adf7aa9016c2f9f16cea69c7d1df7ae365c4a52b17ff19d} improve in the past 12 months, and a 14.three{ce761d482549002b5adf7aa9016c2f9f16cea69c7d1df7ae365c4a52b17ff19d} increase since final June’s low. This, regardless of the Japanese tsumani earlier this year that brought on intensive provide-chain disruptions and resulted in a huge drop in sales from February by means of June. Suffice it to say that auto gross sales don’t conform at all to the present narrative concerning the financial system being on the ropes.

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Steve Hofer’s Consumer Regulation (And Other Stuff) Blog

We put out an all points bulletin for info on HG Auto Gross sales in July. On November 5, 2015, Indianapolis tv station WRTV-6 did an investigative report on HG Auto Gross sales reporting on allegations of HG Auto Gross sales selling autos with tampered odometers. Reportedly, a lot of automobiles have been hauled away, and as of at the moment, solely two vehicles are listed on HG Auto Sale’s website.

When these guys say Bernanke did a good job, now you will know why. Word nicely: On the high of the listing is Warren Buffett who has been a major Bernanke supporter and benefited directly from the Fed bail out of Goldman Sachs by shopping for stock in Goldman THE DAY BEFORE THE FED AND THE TREASURY LAUNCHED THEIR BAIL OUT APPLICATIONS.

Automobile purchases aren’t any omission and finding affordable used vehicles that also meet our all demands can … Read more