Car Sales Bounce Back As People Feel More Confident...
Double-Digit Increases in August
We believe that tourism is about to explode in Alaska. Why? Because people are now starting to spend again.
In August, the U.S. saw a real indicator of increased consumer confidence. The average American car, according to CBS Morning News, is now over 11 years old. But by August, sales hurtled forward all over America. GM sales, from this August to last, were up 14.7%. Ford was up 12.2%. Chrysler is up 12%. Overall, according to the September 6th issue of Bloomberg News, sales came to 1.5 million vehicles in August -- more than any month since May, 2007.
Double-Digit Increases in August
We believe that tourism is about to explode in Alaska. Why? Because people are now starting to spend again.
In August, the U.S. saw a real indicator of increased consumer confidence. The average American car, according to CBS Morning News, is now over 11 years old. But by August, sales hurtled forward all over America. GM sales, from this August to last, were up 14.7%. Ford was up 12.2%. Chrysler is up 12%. Overall, according to the September 6th issue of Bloomberg News, sales came to 1.5 million vehicles in August -- more than any month since May, 2007.
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| A "not-new" car in the Denali Park Area that is well over 11 years old and has the bumper stickers to prove it © L. W. |