Washington DC Classifieds

GasBuddy News Article

votes

Roaring back

London Free Press -- Dealer incentives are enticing Canadians to buy bigger, more costly vehicles and recent new-vehicle sales are the highest in three years.
Hit hard by the economic meltdown two years ago, the North American auto industry quickly became a poster child for the recession.

But in Canada, at least, which unlike the U.S. is avoiding slippery slope of another recession, new vehicle sales in the last two months have been the highest in three years, clipping along now at a projected annual rate of 1.62 million.

At that rate, projected car sales this year would match pre-recession levels.

Read the Full Article

Submitted Aug 31, 2010 By: CookieAcct

Back To News

Category: Daily News Article Discussions > Topics	Add to favorite topics

Author	Topic: Roaring back	Post a Reply Back to Topics

REPLIES (newest first)

OHMS Champion Author Orange County Posts:10,797 Points:1,250,520 Joined:May 2005	Message Posted: Aug 31, 2010 2:18:45 PM Ignore OHMS Report Abuse incentives got many people into the mess they are now in; those who fail to learn from history are doomed to repeat it.
creeklin Champion Author Ontario Posts:18,455 Points:2,768,215 Joined:May 2004	Message Posted: Aug 31, 2010 2:07:47 PM Ignore creeklin Report Abuse bar1035 - lONDON ONTARIO CANADA is half way between Detroit Michigan and Toronto Ontario - Half a country and a whole Atlantic Ocean away from England -
CookieAcct Champion Author London Posts:27,000 Points:2,723,255 Joined:May 2004	Message Posted: Aug 31, 2010 8:46:32 AM Ignore CookieAcct Report Abuse bar1035> What are you talking about? What does England have to do with car production and sales in North America?
ggt49 All-Star Author Grand Rapids Posts:603 Points:381,350 Joined:Apr 2010	Message Posted: Aug 31, 2010 7:44:28 AM Ignore ggt49 Report Abuse I like rebounds! Keep it up!
silverfox63 Champion Author Michigan Posts:5,804 Points:1,155,770 Joined:Oct 2008	Message Posted: Aug 31, 2010 7:30:22 AM Ignore silverfox63 Report Abuse Some of these people will regret it in the long run, for our economy is back tracking badly right now.
bar1035 Champion Author Charlotte Posts:5,820 Points:833,070 Joined:Aug 2006	Message Posted: Aug 31, 2010 7:26:56 AM Ignore bar1035 Report Abuse maybe they just don't know they are about to go into another recession like the US. It's not like anybody in England can see anything coming.
ENORMS Champion Author Colorado Posts:3,014 Points:1,172,310 Joined:Sep 2006	Message Posted: Aug 31, 2010 7:07:18 AM Ignore ENORMS Report Abuse Totally an amazing turn-around.