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Credit Suisse: GM's Purge and Binge Production
by
Robert Farago
(IC: employee)
Published: September 13th, 2008
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A member of our Best and Brightest sent us some interesting auto industry stats, compiled by Senior equity research analyst at the Credit Suisse Group (CSR). Et Voilà!
• Big 3 dealer stocks declined by about 79,000 units, or 4.9%, to 1.55 million vehicles in August from 1.63 million in July. The 4.9% decline is favorable relative to the increase of about 1% normally seen this time of year.
Robert Farago
More by Robert Farago
Published September 13th, 2008 10:32 AM
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I was wondering when we would start using the term Dinosaurs around here to denote the big SUVs. Remember in the 70s that's what we called those huge domestic sedans.