May 1, 2015 1:40 PM
Demand for trucks remains strong in typically slow month
Auto makers reported healthy sales growth in the U.S. during April, as demand for trucks remained strong throughout what is typically a slow month.
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May 1, 2015 1:45 PM
I was on the loan committee for a bank for 28 years. The number of people spending large amounts for the pickups and cars was amazing. Some were 5 to 7 years with small amounts of money down. I feel another trend is beginning with defaults of these loans and write downs for banks. If you want one of these items, wait and buy it from a bank in several years.
May 1, 2015 1:44 PM
Let me see if I get this right, the people want fancy cars and don't care too much about gas mileage, but the politicians want the people to drive little fuel efficient cars. Do we still have a constitutional democracy where the politicians are supposed to represent the people or are we turning into a dictatorship?
A quote from a board member of a credit union reviewing an auto loan application:"We can not turn someone down, just because he does not make enough money."
May 1, 2015 1:42 PM
A world awash in debt. Sounds like history is going to repeat itself. The world has become to comfortable with the use of debt.
May 1, 2015 1:41 PM
Uhhh, that's a Chevy dealership in your pic, WSJ.
Repo companies will be the next high growth business.