Making Sense of August Auto Sales From A Sirius XM Investment Perspective

09/02/2010
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Once again, if you listened to the mainstream media, you were left yesterday feeling as though a recovery in auto sales was nothing more than a pipe dream. Last month as sales exceeded those in the previous year, the media changed the way auto sales were reported and focused all of its attention on the month over month numbers which promoted weakness in the auto industry. This was a drastic change in the way numbers were typically scrutinized, with year over year comparisons being the norm for the last five decades. Knowing the year over year numbers would not be so great given the cash for clunkers comparisons of a year ago, the media once again reverted to annual comparisons yesterday. A search of google auto news reveals thousands of articles with negatively slanted headlines of large drops in auto sales. Well the numbers are in, and they are not bad at all. ...

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This entry was posted on 09/02/2010 at 2:58 pm and is filed under Auto News, SIRI News. You can follow any responses to this entry through the RSS 2.0 feed.

3 Responses to Making Sense of August Auto Sales From A Sirius XM Investment Perspective

  1. AICFUEL on 09/02/2010 at 4:55 pm

    nice, thanks Brandon

  2. rusirius on 09/02/2010 at 8:58 pm

    Thanks BM, such a clear picture.

  3. Chris on 09/03/2010 at 10:04 am

    Great article; short and to the point. I really enjoy the other articles, but, to me, the most important factor (from which all other metrics seem to stem from) is auto sales.

    Keep up the great work.

    Chris

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