Jerry Knoski wrote:
People are buying stocks based on lies. Here's an example as reported by
AutoNews.
1st Quarter auto sales were reportedly:
Hyundai-Kia - Up 14%
GM - Up 16%
All US Sales - Up 16%
When you subtract out personal auto registrations you get Fleet Sales (
rental cars, business and government purchases).
Fleet sales Hyundai-Kia - Down 18%
Fleet sales GM - Up 136%
Fleet sales all US - Up 61%
Therefore real figures for retail sales are:
Hyundai-Kia - Up 31%
GM - Down 3%
All US Sales -
