{"id":190105,"date":"2010-01-06T21:49:00","date_gmt":"2010-01-07T02:49:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/01\/06\/year-end-auto-wrap-up\/"},"modified":"2010-01-06T21:49:00","modified_gmt":"2010-01-07T02:49:00","slug":"year-end-auto-wrap-up","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/01\/06\/year-end-auto-wrap-up\/","title":{"rendered":"Year End Auto Wrap Up"},"content":{"rendered":"<div style=\"border: 1px solid black; margin: 0px 10px; width: 400px; float: right; text-align: center;\">Click for full size<\/p>\n<hr \/>\n<p><a href=\"http:\/\/img710.imageshack.us\/img710\/3820\/chartautosalestop908961.gif\"><img decoding=\"async\" src=\"http:\/\/img710.imageshack.us\/img710\/3820\/chartautosalestop908961.gif\" bordercolor=\"white\" border=\"0\" width=\"390\" \/><\/a> <span style=\"font-style: italic;\">Numbers are year over year h\/t <a href=\"http:\/\/money.cnn.com\/2010\/01\/05\/news\/companies\/auto_sales\/index.htm\">CNN<\/a><\/span><\/div>\n<p>The surprising news is that in 2009, <a href=\"http:\/\/www.reuters.com\/article\/idUSTRE6044OV20100105\">more old cars were scrapped than new cars were bought<\/a>, meaning that the US auto fleet fell to 246 million from 250 million.<\/p>\n<p>Note that &#8220;cash for clunkers&#8221; accounted for only about 700,000 vehicles, so the auto fleet would have contracted without the program.<\/p>\n<p>This is the first time that the US fleet has shrunk since probably the end of WWII.<\/p>\n<p>So the year sucked in terms  of sales, though <a href=\"http:\/\/www.reuters.com\/article\/idUSTRE60441E20100105?feedType=RSS&amp;feedName=businessNews&amp;utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+reuters%2FbusinessNews+%28News+%2F+US+%2F+Business+News%29\">December was good for Ford and Toyota<\/a>,  but bad for GM and Chrysler.<\/p>\n<p>Sales had to go up, as at their nadir, sales would have resulted in a <a href=\"http:\/\/40yrs.blogspot.com\/2009\/02\/auto-industry-update.html\">fleet age of almost 30 years<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Click for full size Numbers are year over year h\/t CNN The surprising news is that in 2009, more old cars were scrapped than new cars were bought, meaning that the US auto fleet fell to 246 million from 250 million. Note that &#8220;cash for clunkers&#8221; accounted for only about 700,000 vehicles, so the auto &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1108,1221,1089],"tags":[],"class_list":["post-190105","post","type-post","status-publish","format-standard","hentry","category-auto-industry","category-manufacturing","category-recession"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/190105"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=190105"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/190105\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=190105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=190105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=190105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}