Major automakers on Thursday shrugged off declines in U.S. new vehicle sales in December and said they were bullish about 2019 even as economists warned that rising interest rates will discourage consumers from buying cars in the year ahead.
Michell89416522 The U.S. based auto industry is almost gone. Ford is dropping all of their cars except Mustang. GM is dropping most of their cars.
So....they are bullish because the sales have been in steady decline and the interest rates are rising..
Will Americans ever pay back their car loans, student loans? Credit card debt? Will Uncle Sam pay his national debt right now $22T? How if he keeps on having deficits? How about ATT? Its $180B debt? Thank God I have no debt! I pay my credit card on billing date itself! Stupid?
An auto is the worst investment you can make
why
Trump: 🎵🎶I shot the Tariff, but I did not shoot the consequence. 🎵🎶
US producers..fall out