August USA Car Sales. Ford up 26%

[Ohio XB]

Originally Posted by phillyc

Steve, your normally pretty upbeat. At least you still got those Ford shares at a $1.01 last November which are now nearly $8!!!!!

What I am talking about is our government action, not Ford. I do fear Ford's sales will be negatively impacted over the next several months to year's end, but not as bad as the others. I think a lot of sales happened now that would have occured over the duration of the next several months, and now those won't be there as a sustained sales progression.

I most certainly hope I am wrong. The nice thing would be those that did not get in on the C4C deal are still motivated to buy a Ford because of what they saw and found in the dealerships; exciting products.



Next year we will be slammed by huge inflation. This will be a direct result of all the money that Obama has had, and is having, printed up. The US dollar will be greatly devalued, so plan on making some purchases in the US as the Aussie dollar gains on the US dollar next year.


Steve