[SSS]

First and foremost this has very little to do with the SS but the rest of the Generals operations.

Channel stuffing boys, GM is king.

“I’m probably not managing my inventory as well as I do at 8 percent (interest), but I’m willing to roll the dice and stock some inventory in December and January, because I think we’re going to have a great market in February, we’re borrowing money so cheaply.”

QE foreva is fueling the recovery, not an actual recovery....

Then there is this piece where Moodys states that loan standards will be relaxed in order to facilitate MOAR lending as prices continue to rise from our government sponsored inflation.

Moody’s: Auto Loan Standards Will Be Relaxed in 2014. Leases to Increase As Prices Climb | The Truth About Cars

I just worry we're getting back to the early 2000s practice of steep discounting to prop up volumes. October '13s 76 day supply is the highest since the 77 day supply of 2005.

So the question. Do you think manufacturers will be responsible at ratchet back production, or will they resort to old habits of churning out products and tacking on margin munching incentives?

 

[chevypwr]

Good to see that they're doing really good. It's what they've needed for a while now.
I wonder how long this will last and how it will improve if it does.

 

[SSS]

Good to see that they're doing really good. It's what they've needed for a while now.
I wonder how long this will last and how it will improve if it does.

no they're not doing good. It means people aren't buying cars or if they are they need a big old loan to get there.

That does not sound like a healthy industry where people need to over leverage just to get one of your products.