On another side note, with a decling U.S. population and the demographics changing, younger people do not have the same tastes or desires in their transportation as people over say 40.
ALSO, fewer people mean fewer car sales. Our population has declined. Not enough babies being born to offset the deaths. (I am not counting INVADERS and ILLEGALS)
That is simply a U.S. department statistic I have seen several times.
So there are going to be years where car sales are going to be off by 4 5 percent, and we have already had prior years where it was larger than that....
Could somebody please explain this shortfall of sales to the United Auto Workers Union who is on strike against GM, and waiting for the other two large US car makers when they get done with GM.
With China trade wars and tarriff wars going on I am confident this is unsettling to lots of people.
A NEW CAR is a MAJOR purchase for people. The secong largest purchase they will make behind their homes usually.. So when things get testy, naturally the prudent will not rush out to go in debt over a new car. Car sales will slow.
I would expect that. It ain't the first time in the past ten years.
Normal cycles. The sales cycles cannot always spiral upward. It corrects and adjusts...
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