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New car sales have been falling for the last 6 months now in a...

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ozexplorer

14,963 Posts.

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08/12/18

04:48

Post #: 36791417
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Originally posted by malmanu ↑

The ABC going for the throat next week , special reports on the downturn 7.30 report, just heard the promo - scaremongering at its best , irresponsible reporting to some degree , a panic just before christmas shopping could wipe out spending due to the wealth effect. We better spend less or not go on holidays as we are no longer as rich as we were , we better pay off the credit card instead.

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New car sales have been falling for the last 6 months now in a row.....that is another sign or indicator things are tightening....
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