Tag: March 2010

By on April 9, 2010

A week ago, we swam against the trend of China analysts who predicted a 30-40 percent rise in March new car sales in the Middle Kingdom. By using our patent-pending TTAC forecasting methodology, we projected China’s sales rising between 50 and 60 percent in March. The numbers are in. We were wrong. (Read More…)

By on April 8, 2010

A while ago, we predicted that China’s March new car sales might exceed expectations. We came to that conclusion by reading the usually reliable tea-leaves of the March GM sales. They came in at 68 percent above March 2009. Using them as an indicator, growth of overall March sales in China could be in the 50 to 60 percent range. Analysts polled by Reuters think the number will be 30 – 40 percent. It looks like they are wrong. (Read More…)

By on April 6, 2010

Have you ever seen a junkie on withdrawal? Not a pretty sight. This is what the German car market looks like. Taken off Abwrackprämien-money, cold turkey has got Germany on the run.  According to just released data of the German Kraftfahrtbundesamt, March 2010 new car registrations in Germany are 26.6 percent below March 2009. (Read More…)

By on April 1, 2010

Today, we were following Automotive News [sub] as they were filling their developing table of March 2010 sales. With all precincts having reported, the final number is +24 percent. But remember: We are comparing with the worst of carmageddon. At least, it looks like we are slowly turning the corner.  However, the Chinese are way ahead of US. Data after the jump … (Read More…)

By on March 20, 2010

Peter Schiff (the man who saw the financial meltdown coming from a mile away) continually asserts that financial stimulus isn’t cure, it prolongs or postpones the problem. Any hardcore free capitalist will find it hard to disagree with Mr Schiff. There is no governmental stimulus such as in Europe. There is plenty of stimulus  from the car makers.

March sales for the United States are forecast to explode according to ecreditdaily. They report that JD Power & Associates forecast that new vehicle retail sales going to increase 25 percent. New vehicle sales for the month of March 2010 are expected to be around 883,300 units. The majority of the growth is expected to come from a certain manufacturer who’s been in the media for other reasons. Our own Darth Niedermeyer, saw this coming. (Read More…)

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