U.S. Auto Industry Enters Total Collapse “There Are Basically NO Sales”
"There Are Basically No Sales": U.S. Auto Industry Enters Total Collapse As A Result Of Nationwide Lockdown
by: Tyler Durden
Tue, 03/31/2020
2020 is shaping up to be nothing short of a complete and total meltdown for the U.S. auto industry.
The industry was already barely holding on by a thread before the c****av***s p******c started, with China leading the rest of the globe's auto industries into recession over the last 18 months.
Now, in a post-c****av***s world, automakers in the U.S. are expecting nothing less than full collapse.
And the things that were barely holding the industry up to start 2020, namely low rates and modest consumer confidence, don't matter.
Businesses are closed, would-be buyers are strapped for cash and the country's economy has simply been turned off.
The industry's annualized selling rate could slow to 11.9 million in March, according to Edmunds.
Jessica Caldwell, executive director of insights for market researcher Edmunds, told Bloomberg: “The whole world is turned upside down right now.”
Stats Here:
https://www.zerohedge.com/economics/there-are-basically-no-sales-us-auto-industry-enters-total-collapse-result-nationwide
Sicilianthing wrote:
"There Are Basically No Sales": U.S. Auto Industry Enters Total Collapse As A Result Of Nationwide Lockdown
by: Tyler Durden
Tue, 03/31/2020
2020 is shaping up to be nothing short of a complete and total meltdown for the U.S. auto industry.
The industry was already barely holding on by a thread before the c****av***s p******c started, with China leading the rest of the globe's auto industries into recession over the last 18 months.
Now, in a post-c****av***s world, automakers in the U.S. are expecting nothing less than full collapse.
And the things that were barely holding the industry up to start 2020, namely low rates and modest consumer confidence, don't matter.
Businesses are closed, would-be buyers are strapped for cash and the country's economy has simply been turned off.
The industry's annualized selling rate could slow to 11.9 million in March, according to Edmunds.
Jessica Caldwell, executive director of insights for market researcher Edmunds, told Bloomberg: “The whole world is turned upside down right now.”
Stats Here:
https://www.zerohedge.com/economics/there-are-basically-no-sales-us-auto-industry-enters-total-collapse-result-nationwide"There Are Basically No Sales": U.S. Aut... (
show quote)
Well Trump has now taken down another Obama accomplishment. Maybe that’s what he wanted. This country under the failed leadership of Trump is done for a very long time. This economy that Trump inherited from Obama is gone and maybe that’s what Trump wanted all along.
Sicilianthing wrote:
"There Are Basically No Sales": U.S. Auto Industry Enters Total Collapse As A Result Of Nationwide Lockdown
by: Tyler Durden
Tue, 03/31/2020
2020 is shaping up to be nothing short of a complete and total meltdown for the U.S. auto industry.
The industry was already barely holding on by a thread before the c****av***s p******c started, with China leading the rest of the globe's auto industries into recession over the last 18 months.
Now, in a post-c****av***s world, automakers in the U.S. are expecting nothing less than full collapse.
And the things that were barely holding the industry up to start 2020, namely low rates and modest consumer confidence, don't matter.
Businesses are closed, would-be buyers are strapped for cash and the country's economy has simply been turned off.
The industry's annualized selling rate could slow to 11.9 million in March, according to Edmunds.
Jessica Caldwell, executive director of insights for market researcher Edmunds, told Bloomberg: “The whole world is turned upside down right now.”
Stats Here:
https://www.zerohedge.com/economics/there-are-basically-no-sales-us-auto-industry-enters-total-collapse-result-nationwide"There Are Basically No Sales": U.S. Aut... (
show quote)
We are as shown over the last four months the slow burn of our country under the failed leadership of Trump. Now his excuses start and the blame game goes on and on and ignorant excuse after another. But Trump is going to have a difficult time talking his way out of this crisis, because this effects people’s everyday life and as this country watches the death count go up Trump will not be able to lie his way out like he did with the Russian and Ukraine scandals.
Weasel wrote:
NWR
Great answer very intellectually sound. It appears the Trump supporters are running out of excuses for the total and 100% failure of Trump. You can only cover for his lies , and blame game so long it really has to be difficult for you people. But as Nancy Polosi puts it we and the rest of the country are praying for you Trump supporters.
Airforceone wrote:
Well Trump has now taken down another Obama accomplishment. Maybe that’s what he wanted. This country under the failed leadership of Trump is done for a very long time. This economy that Trump inherited from Obama is gone and maybe that’s what Trump wanted all along.
>>>
Who knows AF ?
What I do know, and what is important today is where all this is headed and how we undo the damage regardless of who’s asinine Policies are at fault.
>>>
Well maybe others would like to read your response ?
Airforceone wrote:
We are as shown over the last four months the slow burn of our country under the failed leadership of Trump. Now his excuses start and the blame game goes on and on and ignorant excuse after another. But Trump is going to have a difficult time talking his way out of this crisis, because this effects people’s everyday life and as this country watches the death count go up Trump will not be able to lie his way out like he did with the Russian and Ukraine scandals.
>>>
The V***s is mostly a H**x...
What you should focus on are the Topics I posted about using it as the excuse for the New World Order to roll out their next plotploys !
Sicilianthing wrote:
"There Are Basically No Sales": U.S. Auto Industry Enters Total Collapse As A Result Of Nationwide Lockdown
by: Tyler Durden
Tue, 03/31/2020
2020 is shaping up to be nothing short of a complete and total meltdown for the U.S. auto industry.
The industry was already barely holding on by a thread before the c****av***s p******c started, with China leading the rest of the globe's auto industries into recession over the last 18 months.
Now, in a post-c****av***s world, automakers in the U.S. are expecting nothing less than full collapse.
And the things that were barely holding the industry up to start 2020, namely low rates and modest consumer confidence, don't matter.
Businesses are closed, would-be buyers are strapped for cash and the country's economy has simply been turned off.
The industry's annualized selling rate could slow to 11.9 million in March, according to Edmunds.
Jessica Caldwell, executive director of insights for market researcher Edmunds, told Bloomberg: “The whole world is turned upside down right now.”
Stats Here:
https://www.zerohedge.com/economics/there-are-basically-no-sales-us-auto-industry-enters-total-collapse-result-nationwide"There Are Basically No Sales": U.S. Aut... (
show quote)
Yeah, I got a buddy who made good money selling cars not even a month ago.
Now, the lad's considering filing for unemployment. Sad times.
Daredevil wrote:
Yeah, I got a buddy who made good money selling cars not even a month ago.
Now, the lad's considering filing for unemployment. Sad times.
>>>
This is just the beginning, I’ve already seen half a dozen dealers over here closed since this started, 2 of them just opened...
The Flooring companies went around and picked up all their vehicles.
More dealers are closing this month.
This is the big Repackaging Shake out...
This is the 100Year reshuffling of the Bankster DECK
I’ve been posting and screaming about it for years here on OPP !
This is what it takes to get people’s attention, to get them out hoarding supplies, to get them buying weapons and Ammo...
Now I’m encouraging them to find their Local M*****as and call the meetings to order to begin the process for what’s coming next.
Call Everyone UP to the Meetings
Discuss
Plan
Fund
Recruit
Educate
Weaponize
Train
Begin rotation and assignments
This is the way it all ends.. in open range by the barrel of a gun.
There is no Peaceful Separation from the Criminal State and FED , Know This !
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