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02 Nov 2009 09:27

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Biz: A year and some clunker sales make Ford huge profits

  • $997 million the size of Ford’s profits in the third quarter, largely helped by Cash for Clunker sales
  • –$161 million the size of Ford’s losses a year ago; despite this, they avoided a bailout and bankruptcy source
Posted by Ernie Smith • 0 Comments • Permalink

30 Oct 2009 09:12

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Biz, U.S.: Consumer spending doesn’t keep up with clunker sales

  • +1.4% the increase in consumer spending in August, largely thanks to cash for clunkers
  • -0.5% the comedown after the high in September, which isn’t promising for the holidays source
Posted by Ernie Smith • 0 Comments • Permalink

15 Sep 2009 09:03

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Biz: Duh: Cash for Clunkers led to a huge jump in retail sales

  • 2.7% increase in buying stuff at retail in August source
Posted by Ernie Smith • 3 Comments • Permalink

03 Sep 2009 21:44

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Offbeat: Cash for Clunkers: Won’t anyone think of the demolition derbies?

They have to bring in cars from other state to demolish! This is such an awful, awful crime against mild entertainment. source
Posted by Ernie Smith • 0 Comments • Permalink

01 Sep 2009 10:40

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Biz: Duh: “Cash for Clunkers” a kick in the pants for car sales

  • 16 million cars sold in August, based on a seasonally-adjusted rate source
Posted by Ernie Smith • 0 Comments • Permalink

28 Aug 2009 10:02

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Biz: Cash For Clunkers put consumer spending ahead last month

  • 0.2% consumer spending increase in July; clunkers helped source
Posted by Ernie Smith • 0 Comments • Permalink

24 Aug 2009 21:01

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Biz, U.S.: Cash for Clunkers deadline extended. Here’s a monster truck video.

  • Car dealers have until noon tomorrow to get all that paperwork in, thanks to server problems on the government’s end. Which is the not-fun part of the Cash for Clunkers program. Above? The fun part. source
Posted by Ernie Smith • 0 Comments • Permalink
 

22 Aug 2009 17:25

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Biz, U.S.: Clunker owners descend upon auto dealers in a last-minute rush

  • Because waiting until the last second always works out. After the announcement of the end of the Cash for Clunkers program on Monday, this weekend was destined to be a busy weekend for dealers, both from a purchasing and paperwork angle. While the program doesn’t end until Monday, many dealers were ending the program today to deal with the continued paperwork bottleneck the program itself is facing. “It’s the paperwork that’s the biggest pain in the neck,” said Neil Krieger, a Jim Ellis auto salesman based in the Atlanta area. source
Posted by Ernie Smith • 0 Comments • Permalink

20 Aug 2009 20:50

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Biz, U.S.: Cash for Clunkers over: It’s so hard to say goodbye to yesterday-eeeee

  • 457,000 clunkers number of cars accepted into one of the Obama administration’s most popular programs
  • $1.9 billion amount of money spent so far (the program ends on Monday); go buy a car this weekend source
Posted by Ernie Smith • 0 Comments • Permalink

09 Aug 2009 21:22

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Politics: Max Headroom: Evidence Howard Dean is more than a scream

  • Dean v. Newt Howard Dean and Newt Gingrich – two former rising stars from another era – still have their hands in the political cookie jar, and both have a lot to say about the health care debate (be sure to watch part two, too). In this debate of wits, Dean gets the upper hand.

  • Economics for clunkersKentucky Sen. Mitch McConnell chatted with Fox News about the Cash for Clunkers plan, saying that “if you pay people to buy TVs, or refrigerators, or … that sort of thing, people will go out and do it.” He leans hard on the fiscal conservatism line here.

  • So, how’s Kim Jong-Il?We know what you’re thinking. Bill Clinton went to North Korea and hasn’t told the world about Kim Jong-Il yet. Fortunately, National Security Adviser Gen. James Jones relayed it to the world on “Meet the Press.” He says Kim is still firmly in power of his country.

Posted by Ernie Smith • 0 Comments • Permalink
 
 
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