AFTERMATH OF CLUNKERS PROGRAM: Less supply is good news - ModernCamaro.com - 5th Generation Camaro Enthusiasts
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post #1 of 2 Old 09-10-2009, 03:20 AM Thread Starter
 
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AFTERMATH OF CLUNKERS PROGRAM: Less supply is good news

After struggling with historically low auto sales for much of the past year, automakers are confronting a more-welcome problem: some of the lowest inventory levels in about three decades.


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post #2 of 2 Old 09-10-2009, 07:49 AM
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"Everybody has gone from being down in the doldrums to being upbeat and happy," said Dave Beach, 47, of Washtenaw County's Webster Township, who is now working overtime at Ford Motor Co.'s Wayne Assembly Plant, where the compact Ford Focus is produced.

Consumers looking to buy cars in September are the only losers, said Jessica Caldwell, industry analyst for Edmunds.com, because incentives are declining and some cars are hard to find.
False hope here IMO. This was a band aid solution for sure. What happens when production ramps up and dealers are have full lots again? They will be sitting on many cars more than likely.

Also, salvage yards are not 'upbeat and happy' quite a bit of their revenue was sucked away by the CARS program

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