Eugene David
...The One-Minute Pundit

Tuesday, January 05, 2010


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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