2009 / 2010 in the Automotive Industries of the USA ?

Since  the beginnings of this fiscal year of 2010, the wholesale vehicle markets themselves may of been said to be rather robust overall.  Indeed short supply – of sorts – in the used car industry has been resulting in high demand overall for higher quality used vehicles – indeed driving up prices and pricing levels overall.

In the 3rd quarter of 2007 and 2008, used vehicle prices had a great decline as a result of high fuel and gasoline prices at the pumps.  Consumers reacted and indeed might of said to have revolted.  Indeed at that point as a result of a soft dollar economic situation automotive financing companies took a real financial hit in their pocketbooks and bottom lines .  It sent them back to their back rooms.  In many ways  the year of 2009 was an improvement and a breather for the auto industry.

Bit what of 2010 – what is in the offing – economically and politically ?

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