RobDownSouth
BoycotDivestSanctio
- Joined
- Apr 13, 2002
- Posts
- 78,197
How old are your cars and/or trucks?
Ford Motors said in a conference call to investment funds this month that low interest rates, relatively low gas prices and the fact that the average car owned by Americans is a near-record 10.6 years old (compared to historical average of 7 years) means they are expecting to sell quite a lot of new cars in 2012.
GM agrees, estimating they will sell 13 million cars total in 2011 and 14 million in 2012.
I drive a 2006 model and I'm ready to trade mine in.
Ford Motors said in a conference call to investment funds this month that low interest rates, relatively low gas prices and the fact that the average car owned by Americans is a near-record 10.6 years old (compared to historical average of 7 years) means they are expecting to sell quite a lot of new cars in 2012.
GM agrees, estimating they will sell 13 million cars total in 2011 and 14 million in 2012.
I drive a 2006 model and I'm ready to trade mine in.