The GraveYard Shift

[JD400]

Wolf had a good write on Autos

Which Automakers Got Crushed, Which Boomed?

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Your friend is right on but the banks I question

If they lost their jobs Bank loans go out the window.

But I guess this is their time.

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by Wolf Richter • Oct 3, 2017 •


Hurricane Harvey and highest discounts in US history did the trick.

After eight months in a row of year-over-year sales declines, September was finally the month everyone has been waiting for. It was powered by sharply higher fleet sales and soaring truck sales, much of it related to Hurricane Harvey, and it was fueled by the highest incentives ever in the history of US auto sales. GM, Ford, and Toyota were the biggest winners. Fiat-Chrysler and Hyundai got crushed.
What we got…

https://wolfstreet.com/2017/10/03/which-automakers-got-crushed-and-which-boomed/