US retail car sales continue to climb

I'm trying to shed my "Sir Googalot" label!

I already saw the Autonation report. You don't think I'd refer to it without checking it first, do you? ; )

 

Except that we've seen foreign car makers set up shop in the US and create jobs here when the tax code is attractive, as assembly and manufacture have proven themselves to be cheaper locally (even with labor costs here) vs. shipping them and exposing yourself to transport/fuel fluctuations.

 

Great, so what is your rebuttal to my commentary and analysis. I am giddy with anticipation.

Or, if you just want to push back from the table and retire on this subject for now, I will accept your yield.

 

to you its not surprising.

here is an example of what can happen if one critical supplier disappears:

A huge explosion in an industrial park in Marl, Germany, killed two. It also could bring the world’s auto industry to its knees “in the next few weeks,” writes Bloomberg.
The explosion destroyed production facilities of an obscure chemical called Cyclododecatriene. CDT is a key element of PA-12, a resin used in most fuel and brake-line coatings, flexible hoses and quick connectors supplied to automakers. A few days ago, TI Automotive of Auburn Hills, Michigan, wrote to customers:

“The shortage is real and immediate. The possibility of production interruptions at some of your facilities in the next few weeks is high.”

TI Automotive supplies brake and fuel lines, fuel tanks and pumps to all major automakers, including GM, Ford, Toyota, and Volkswagen. Its customer list reads like a who’s who of the auto industry.


http://www.thetruthaboutcars.com/2012/04/factory-explosion-threatens-worlds-car-industry/

 

Ricter, kick his ass!

Tsing, I gotta say, methinks you have a bit more training in the debate world than you let on.

This should be good

 

+2

Not to mention the black eye it would have given us on so many other fronts.

 

I knew I should have added a wink to my post.

 

I appreciate the compliment. I am a finance guy by trade. My job relies on digging into numbers and finding the truth, not the spin. When I get into a topic that I am not well-versed in, I try to preface my thoughts with "I feel" or "I think" etc., as I am arguing only my point of view - especially with an opponent who is versed in the area we're debating, when I am not (like, if I got into a discussion with you in the medical field).

 

Alright, Ricter. I see you do not wish to continue. I hope you appreciated today's lesson in realism vs. spin in regards to financial reports.

I am off to pick up my HK that I ordered last week, as it has come into the FFL and I got a phone call. And to grab something to eat. And probably take the rest of the day off, as it is 90 and sunny.

 

And yet somehow the industry somehow managed to survive, without even 1 drop of sweat on my brow.

btw: the just in time model is for idiots , which is the real crux of the problem you are attempting to address.