Main menu

Car sales another V-sign





Several months have passed since the Cash for Clunkers program caused a temporary surge in sales, which was then followed by a slump. The dust has settled, and what we now see is that car sales have jumped 20% since hitting a low last February. We see the same pattern in the Manheim index of used car prices, which has risen 20% since last December's low. These sure look like genuine, V-shaped recoveries to me.


Filled Under:

0 comments:

Posting Komentar