Tuesday, January 05, 2010
Posted
12:41 PM
by Gene
What will this year be like in the auto business? The consensus is it will be better because it couldn't get worse. That's not true; it could get worse. Still, it's reasonable to hope that sales will improve.
How much better? Forget pent-up demand. The consensus is about 1 million more sales above the 10.2 million in 2009. But it's just guesswork.
Is 1 million a good gain? No, it means sales are still terribly depressed. Just pray that the speculators don't push gasoline prices to $4 a gallon again, because that might crush any recovery hope.Hey GOD'S SERVANTS, he's talking to you! Can you do your part?
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