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Cars Thread About, Cars So Hot |
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Your World & Experience
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Cars So Hot They Are Out of Stock
(24/7 Wallst) 05:07:04AM (ET) Friday,December 16,2011. This year is expected to be the best for domestic new car sales since 2006, the year before the recession began. The increase in buyer activity has been large enough that several car and light truck brands are virtually out of stock. These are a mix mostly of extremely expensive cars and very inexpensive ones as heavy demand appears to be concentrated at both ends of the market. 24/7 Wall St. has compiled a list of the most oversold vehicles during November. Domestic car sales in 2005 and 2006 were above 16 million each year. Sales dropped below 9 million in 2009. This year, major car companies and automotive research firms expect U.S. vehicle sales to be nearly 13.5 million. While that does not approach the industry’s best years, car manufacturers have cut enough out of their factory and worker costs that most can now make money at the 13 million annual sales level. Most years, a few car models are in short supply. This is because... Cars So Hot They Are Out of Stock - 24/7 Wall St. ------------------------------------------------------------------- Better put your order in... ![]()
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