Everyone knew this but I don’t recall Obama or the Democrats mentioning it

cop carFord sales down 5.2% in September as Cash for Clunkers program robbed future sales. Watch for the other automakers release the same dismal sales reports.

UPDATE: GM sales down 46%. Change, but no hope.

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3 responses to “Everyone knew this but I don’t recall Obama or the Democrats mentioning it

  1. shoeless

    That -5.1% BTW is Y-o-Y, which is much better than GM (-45%) and Chrysler (-42%). M-o-M numbers are obviously worse, since August ’09 was free money, but the Y-o-Y picture is bleak. Bringing demand forward only robs demand later. Hooocooodanode?

    • christopherfountain

      You know, Shoe, Chrysler doesn’t have a single car people want and neither does Fiat. So, other than government handouts, how do they survive in the future? Oh, never mind!

  2. db44

    A 5% post-clunkers drop is GOOD news, looking at the auto industry in general and American companies in particular. That seems kind of obvious, right?

    What’s with the kneejerk anti-Obama-ness? If Greenwich RE only went down 5%… you should live so long.