Forums before death by AOL, social media and spammers... "We can't have nice things"
|    alt.home.repair    |    Home repairs and renovations    |    32,593 messages    |
[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]
|    Message 31,643 of 32,593    |
|    Frank to Jose Garcia    |
|    Re: K-shaped cars: New vehicle prices to    |
|    16 Oct 25 09:46:53    |
      From: address@is.invalid              On 10/16/2025 6:34 AM, Jose Garcia wrote:       > On 10/15/25 13:46, adolph wrote:       >> DETROIT - Look no further than the automotive industry for the latest       >> indication that U.S. consumers could be facing a "K-shaped" economy,       >> where the wealthy keep seeing gains while those who have lower incomes       >> struggle.       >>       >> The average price paid for a new vehicle last month topped $50,000 for       >> the first time ever, Cox Automotive's Kelley Blue Book reported Monday.       >> Meanwhile, auto loan delinquency rates remain near all-time highs for       >> those with low credit ratings.       >       >       > Ross Perot warned us about the giant sucking sound. Well, here we are.       > It's deafening!       >       > I expect China Harbor Freight to be selling cars soon.       >              What I heard and what Google says: "U.S. EV sales surged a record 40% in       Q3, driven by a rush to buy before the $7,500 federal tax credit expired       at the end of September."              EV's are expensive and may be responsible for cost increase.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]
(c) 1994, bbs@darkrealms.ca