Auto Sales PLUNGE Again
11-03-2008, 10:13 AM
#12
Community Organizer
Most Honda owners don't care too much about the "american" cars... or so the new generations of owners 16-24yrs. (2nd/3rd hand S2000) cares too much about the economy, since their source of income is fueled by financial aid and their parents.
11-03-2008, 10:14 AM
#13
Registered User
Thread Starter
Originally Posted by Back-cracker,Nov 3 2008, 12:11 PM
Yahoo is most people's friend already: http://finance.yahoo.com/
MarketWatch FTW
George Pipas, Ford's top sales analyst, agreed that the industry could report a number in the 10-million range for October and potentially finish the year with less than 14 million in total vehicle sales.
"Oftentimes, we comment on industry segment trends," he said in a conference call. "I have to say when the industry is hovering around 11 million, there are no hot segments or really hot products."
"Oftentimes, we comment on industry segment trends," he said in a conference call. "I have to say when the industry is hovering around 11 million, there are no hot segments or really hot products."
Welcome to the 80's.
At least one Wall Street analyst forecast that number to drop below 11 million and touch levels not seen since the early 1980s, as the credit crisis and housing slump have combined for a brutal climate in which to sell cars.
11-03-2008, 10:15 AM
#14
Community Organizer
Originally Posted by HUYS2200,Nov 3 2008, 11:12 AM
What about Honda? 
American Honda Motor Co., Inc., posted October sales of 85,864, a decline of 28.0 percent based on the daily selling rate*, compared to record October 2007 results. American Honda year-to-date sales of 1,266,447 represent a 3.6 percent decrease.
Honda Division posted October sales of 75,756, a decline of 28.4 percent versus October 2007. The Fit achieved an October record of 6,478, up 28.1 percent in its second month available as a completely redesigned 2009 model.
The Acura Division posted sales of 10,108, a decrease of 24.5 percent compared to October 2007. The TL, with sales of 4,340, increased 22.2 percent in its first full month available as a completely redesigned 2009 model. Acura total car sales are up 2.0 percent.
*The daily selling rate (DSR) is calculated with 27 days for October 2008, versus 26 days for October 2007. Year-to-date, the DSR is calculated with 257 days for 2008, versus 256 days for 2007. All percentages reflect DSR.
11-03-2008, 10:17 AM
#16
Registered User
Thread Starter
Originally Posted by Back-cracker,Nov 3 2008, 12:13 PM
Most Honda owners don't care too much about the "american" cars... or so the new generations of owners 16-24yrs. (2nd/3rd hand S2000) cares too much about the economy, since their source of income is fueled by financial aid and their parents.
OOOFA!!
11-03-2008, 10:18 AM
#17
Originally Posted by Bert05GPW,Nov 3 2008, 11:17 AM
How did you pass college with reading comprehesion skills like that? I posted German and Japanese numbers too.
OOOFA!!
OOOFA!!
11-03-2008, 10:20 AM
#20
Community Organizer
Originally Posted by Bert05GPW,Nov 3 2008, 11:17 AM
How did you pass college with reading comprehesion skills like that? I posted German and Japanese numbers too.
OOOFA!!
OOOFA!!