From: esp@snet.n   
      
   On 10/16/2025 9:46 AM, Frank wrote:   
   > 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.   
      
   I'm sure that is a big factor for EV, but with the tariff situation, all   
   cars will be higher priced soon.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)