Auto sales plunge 41% - Mercedes-Benz Forum

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post #1 of 13 (permalink) Old 03-03-2009, 10:26 PM Thread Starter
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Auto sales plunge 41%

Hell of a time to be talking down the economy.
Obviously, people did not gain enough confidence from the porkulus package.


Quote:
Auto sales plunge again, taking aim at 27-year low - Mar. 3, 2009

"Americans are hunkering down, pulling in their horns. They're afraid," he said.
....

"If you could free up the credit and get the dread and despair out of the economy, you could see sales picking up without a huge surge in economic activity," he said.

Bloomberg.com: Asia
“At this point, it’s not as much credit as it is a consumer confidence issue,” Al Castignetti, Nissan’s vice president of U.S. sales, said in an interview yesterday.

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post #2 of 13 (permalink) Old 03-03-2009, 10:37 PM
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^Where was your criticism when W. did the same thing?
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post #3 of 13 (permalink) Old 03-03-2009, 10:38 PM
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the American auto manufactures are down, common knowledge now, but how are the Europeans makes making out

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post #4 of 13 (permalink) Old 03-03-2009, 10:48 PM Thread Starter
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the American auto manufactures are down, common knowledge now, but how are the Europeans makes making out
Dude, every manufacturer is down big time.
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post #5 of 13 (permalink) Old 03-03-2009, 10:54 PM
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the American auto manufactures are down, common knowledge now, but how are the Europeans makes making out

BMW

BMW Group U.S. Division Reports January 2009 Sales

BMW Group sales in the U.S. (BMW and MINI combined) down by 15.5 percent in January 2009.

WOODCLIFF LAKE, N.J., February 3, 2009: The BMW Group in the U.S. (BMW and MINI combined) reported January sales of 14,314 vehicles, a decrease of 15.5 percent over the 16,935 vehicles sold in the same month of 2008.

BMW Brand Sales

Sales of BMW brand vehicles decreased 15.5 percent in January for a total of 12,232 compared to 14,475 reported in the same month a year ago.

"We're in a definite 'toughing it out' mode and this has aided improving our market share this month," said Jim O'Donnell, President of BMW of North America, LLC. "It's meant focusing on the real basics of making sales and we've demonstrated this with our Certified Pre-Owned program continuing to be embraced as a good alternative by our dealers and consumers in the current climate and now we hope to add the momentum of the new 7 Series and Z4 coming out this spring."

BMW Automobile Sales

BMW's automobile sales are down 21.3 percent in January to 8,697 versus 11,053 in the same month of 2008.

BMW Sports Activity Vehicle Sales

Sales of BMW Sports Activity Vehicles increased 3.3 percent in January to 3,535 vehicles over the 3,422 sold in the same month a year ago.

MINI Brand Sales

MINI USA reported sales of 2,082 automobiles, down 15.4 percent from the 2,460 cars sold in January 2008.


MERCEDES BENZ

Mercedes-Benz Reports January 2009 Sales of 10,433

MONTVALE, NJ - February 3, 2009: Mercedes-Benz USA (MBUSA) today reported January sales of 10,433 vehicles, a 42.9 percent decrease compared to January 2008. The company attributed the decline to the significant drop in the luxury automotive sector as a result of the current economic climate.

Separately, through the Mercedes-Benz Certified Pre-Owned (MBCPO) program, MBUSA sold 6,753 vehicles in January, an 86.3 percent increase compared to its January 2008 sales of 3,624 vehicles.

Mercedes-Benz USA, headquartered in Montvale, New Jersey, is responsible for the sales, marketing and service of all Mercedes-Benz and Maybach products in the United States. For more than forty years, MBUSA has taken pride in its commitment to the customer by providing superior quality luxury vehicles coupled with outstanding customer support. More information on MBUSA and its products can be found at Mercedes-Benz - Home of C, E, S, CLK, CLS, CL, SLK, SL, SLR, R, GLK, M, GL, G Class and Maybach USA.



VOLKSWAGEN

Volkswagen Reports January 2009 Sales

HERNDON, VA - February 3, 2009: Volkswagen of America, Inc. today announced January 2009 sales of 12,744 units, a 11.6 percent decrease over January 2008 sales of 14,412 units.

Volkswagen's stylish new CC, which was designed to blend sports car dynamics and dimensions with sedan comfort, posted its best sales month since its market introduction last September with more than 1,000 units sold.

"We know 2009 has the potential to be another extremely tough year for the Automotive Industry due to continued challenges with the economy, yet we are optimistic for a successful future here in the U.S.," said Mark Barnes, Chief Operating Officer, Volkswagen of America, Inc. "2009 will be the first full year of sales with all five of our new products that launched last year, combine that with our commitment of manufacturing safe, efficient, high quality, and affordable fun-to-drive German Engineered vehicles, and we see a strong opportunity to grow our business here," added Barnes.

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post #6 of 13 (permalink) Old 03-03-2009, 11:07 PM
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Hell of a time to be talking down the economy.
Obviously, people did not gain enough confidence from the porkulus package.

GOOD JOB !
You would prefer the government and analysts LIE about the economy.

Didn't you get enough of that in 2006-2007 when all the talking heads on TV and our government kept saying the economy was doing great and booming and everything was fine. Remember all that talk of "market corrections" when the market dipped from 14K to 13K. Just a correction. "The American Economy is too big and strong to fail".

We can all go back to the posts of the "gosh darned stock market..." thread for a really good history lesson on what happens when our government and talking heads who have a vested interest in falsifying the condition of the economy have the opportunity to do so.

America is a tough country, full of tough people. They are finally getting honest reports of the conditions of their country. I think most have the balls to man up and accept it. The whiners appear to be a minority.

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post #7 of 13 (permalink) Old 03-03-2009, 11:12 PM Thread Starter
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But , but .... Obama was elected on a message of HOPE and a can do spirit.

No one can predict the future, not even a president, but a president can give people hope and instill confidence; these are things he is capable of doing but he chose not to, at least until very recently.
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post #8 of 13 (permalink) Old 03-03-2009, 11:15 PM
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the media still lies

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post #9 of 13 (permalink) Old 03-03-2009, 11:33 PM
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But , but .... Obama was elected on a message of HOPE and a can do spirit.

No one can predict the future, not even a president, but a president can give people hope and instill confidence; these are things he is capable of doing but he chose not to, at least until very recently.
Many people glean hope and confidence from truth and honesty, not smoke and mirrors.

You chose to play a silly game.

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post #10 of 13 (permalink) Old 03-03-2009, 11:38 PM
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the media still lies
If they have a vested interest in the outcome, they certainly do. So the folks at CNBC and other financial reports that conveniently sell advertising to brokerages and banks and those who really really hope people will invest NOW keep trying to push a skewed message. They helped many folks lose Trillions of dollars.

Yet somehow folks like Kudlow, who missed damned near every sign and pronounced the economy strong months and months after it was tanking still has a job.

I suppose even a bad shepherd is better than none at all for sheep.

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