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European Recession
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13/08/2008 17:38:25
 
 
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13/08/2008 13:00:40
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Finances
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Divers
Thread ID:
01337636
Message ID:
01338715
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13
>>On another note, the high oil prices do have had its affect. I just read that since the beginning of 2008 the US consumes 800,000 barrels of oil less a day than before. Maybe the US is adjusting and accepting the fact of high oil prices and try to be more energy conservative (e.g. a lot of people are buying smaller cars).
>
>5% fewer miles driven in June of 2008 than June of 2007 according to AAA (I think it was AAA). And now this (buy a titan truck and get a new versa for free):
>
>http://abclocal.go.com/wtvd/story?section=news/local&id=6285107
>
>Yeah, I'd say the higher prices were working... :o) Just heard it on the radio this morning again:
>
>FAYETTEVILLE (WTVD) -- The skyrocketing price of gas has most people turning away from buying low mileage pickup trucks and other gas guzzlers.
>
>However, the Nissan Corporation has a plan to move its stock pile of pickup trucks off its lots and into your driveway, and it involves giving away free cars.
>
>Stewart Nissan's deal is driven by $4 a gallon gas.
>
>"We've got some incentives that enable us to basically sell a lot of the truck inventory pretty cheap," Sullivan says. "So cheap, in fact, that we're able to sell you a new truck -- a new Titan pickup truck -- and give you absolutely free a new Versa."
>
>The Versa can get 33 miles to the gallon.


That's like why pubs here have a pub quiz night on a Monday, to boost interest and sales on the quietest night of the week.
- Whoever said that women are the weaker sex never tried to wrest the bedclothes off one in the middle of the night
- Worry is the interest you pay, in advance, for a loan that you may never need to take out.
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