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April 1: Japan and Korea auto sales fall / slump

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by bwilson4web, Apr 1, 2013.

  1. bwilson4web

    bwilson4web BMW i3 and Model 3

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    Just an inoculation:
    Source: Japan Auto Sales Fall on End of Subsidies as Korea Extends Slump - Bloomberg

    These are auto sales in their respective countries. In the USA, sales are more likely to show a dip from the initial 'sequestration' effects and even more pronounced next month. But it will take a while for the USA "conservative" media to figure this out.

    Bob Wilson
     
    #1 bwilson4web, Apr 1, 2013
  2. bubbatech

    bubbatech Member

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    They won't figure it out. That involves a critical evaluation of data. They disdain that sort of activity.
     
    #2 bubbatech, Apr 1, 2013
  3. austingreen

    austingreen Senior Member

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    The Japanese market was artificially pumped up a great deal by the government incentives. Remove the government cash, the sales go down. The outlook is bad for the next few years, unless the government there gives away more cash.

    The US market is quite healthy in-spite of the end of the payroll tax holiday and sequester.
    GM, Ford poised to report robust March auto sales - Stocks to Watch - MarketWatch
     
    #3 austingreen, Apr 1, 2013
  4. austingreen

    austingreen Senior Member

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    The real numbers are in for the US and are quite good as a whole. GM and Toyota did a little worse than expected, but still did well.
    General Motors, Ford and Chrysler post strong March auto sales - latimes.com


    hybrid numbers are not in yet, but the outlook for the near future is quite good
    Hybrid vehicle sales speed up - latimes.com

     
    #4 austingreen, Apr 2, 2013
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