If everyone who needs a car or is thinking of buying a car buys a car at a discount in July and August, how many people will buy cars in September? Basics. HA
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As predicted, the “hangover” is upon us. Here’s the glorious result of dangling $3 billion in free taxpayer money in front of car-buyers: Two months of artificially stimulated demand which spurred manufacturers to ramp up production, leaving dealers now with showrooms full of new cars — and no customers to buy them. At the moment, no one’s even sure if overall sales will be higher for the year. Genius.
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