Finally, Car Sales Show An Increase
http://www.msnbc.msn.com/id/32261206/ns/business/
Ford Motor Co. is expected to release sales numbers on Monday which will indicate the first monthly increase in sales for the company in two years. Helped along by the Obama administration’s “cash for clunkers” program which has been received very well by buyers, this industry is expected to cross the annual rate of 10 million cars sold, for the first time in July.
The doubting ones would say that this push in demand is because of the discount being offered. While there is no doubt that this scheme has definitely contributed very strongly to the July numbers, it is spending schemes such as these which attract buyers back into the market. The tax rebate on first time house purchase too has been a good draw and has tempted many buyers into putting down a down payment for a house.
