WASHINGTON - For car dealers, this may be the most intense week of the year, and dealers are feeling more optimistic than last year.
The week between Christmas and New Year's Day accounts for as much as 70 percent of December car sales.
"I would say [it's] the busiest week in the whole year," says Fernando Lobo, a sales manager at Bill Page Honda in Falls Church, Va.
Even though 2010 will still rank among the worst in decades for light-vehicle sales, Edmunds.com projects December sales will jump 10 percent from last year to about 1.13 million vehicles .
Edmunds projects five of six automakers will report better sales. Leading the way will be Nissan and Chrysler, with increases of 26 percent and 13 percent respectively. Double-digit gains are expected for Ford, General Motors and Honda, according to The Wall Street Journal. Toyota is expected to report a decline in sales.
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2 comments:
I was always a Chevy guy and really like the Dodge vans and trucks. However, I will now only buy Ford as they were the only U.S. car company to restructure themselves without taxpayer money. They struggled for a long time, but have since turned themselves around the way a business should. Government Motors and Chrysler will no longer receive my business. All that money and they still went bankrupt.
Since I am now earning only half of what I used to make thanks to my job being outsourced to India, I will be lucky to find a good used car. I certainly cannot afford a new car at today's high prices!
Maybe we could get a poor mans rebate from gm (Government Motors)!
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