Lithia Motors Stock
August 20th, 2009
To say we haven’t had any recovery in the automotive sector is a stretch. But as I have outlined previously, the fact of the matter is that any positive economic growth from cash for clunkers is the result of bringing tomorrow’s (the future’s) demand to today (this quarter). There’s no doubt about it, cars are hot right now, but who is to say they’re going to be hot when the government yanks cash for clunkers on Monday? Read more…
