Re: More terrible economic news...

"FYIS.org/estore" wrote:

> In news:[EMAIL PROTECTED],
> Hooda Gest posted:
> >
> http://story.news.yahoo.com/news?tmpl=story&cid=530&ncid=530&e=6&u=/ap/20031
> > 203/ap_on_bi_ge/auto_sales
> >
> > "DETROIT - Automakers are bullish about prospects for December and
> > the start of next year after strong November sales that got a boost
> > from richer consumer incentives, revamped vehicle lineups and an
> > improving U.S. economy. "
> > ...
> >
> > "A strong rebound in retail sales, especially in big-ticket items,
> > continues to fuel a broad economic recovery," said Jim Press,
> > executive vice president and chief operating officer of Toyota Motor
> > Sales USA. ...
> >
> > Also helping, analysts and automakers said, is a strengthening
> > economy that bodes well for business heading into 2004.
> >
> > (and my 401K has been improving steadily for the past two months)
>
> And environmental anti-suv wackos are up in arms!!
> http://edition.cnn.com/2003/BUSINESS/12/03/porsche.results.reut/
> Cayenne sales lift Porsche profits
> Wednesday, December 3, 2003 Posted: 1208 GMT ( 8:08 PM HKT)
> The world's most profitable car maker said sales of its one-year-old
> Cayenne sports utility vehicle had boosted revenues from August to
> November to 1.92 billion euros ($2.29 billion), up 47 percent from a
> year ago.
> http://www.foxnews.com/story/0,2933,104610,00.html
> Tuesday, December 02, 2003
> Volkswagen AG (cuz of Tuareg SUV sales) and several other automakers
> posted double-digit gains in U.S. sales from weak levels in November
> last year, and auto officials cited growing consumer confidence for
> fueling the strong results.
>
> DanlK, FYI Services
> www.FYIS.org
> Visit our www.FYIS.org/estore
> Need a different Christmas card this holiday season?
> www.FYIS.org/xmascards

I wonder about reports that indicate that those smaller economic cars also being
death traps have anything to do with SUV sales going up.
But all in all, I will be dammed if I ever own another front wheel drive car
again.