TM, 9.5?huge number yen versus 9.7
in year ago 1st quarter isn't a
sharp drop off...
Big number has to be them selling
less units than years ago...
A Toyota Camry might cost over
30,000 now that cost around 14,000
or so around ten years ago...
Obama bail outs of auto industry
have surged the new car inflation...
All new car sellers thought that every
trade in should be worth 4,000 or more
despite age or condition that the gov't
GAVE them during Obama bail outs...
Auto industry didn't react with appreciation
for that to their customers...
Auto companies took advantage and
have had excessive price inflation in
new car prices for many years...
At some point, excessive pricing should
bite the whole auto industry on their
greedy rears with lower sales...
Now is as good of a time as any to
see lower new car sales trend...
More is less...
So we watch...LJ