News. Car sales in the US were sharply up – by about 16 per cent – last month compared with June thanks to demand generated by car scrappage incentives.
My point. How can we really believe that this incentive program is a good thing? Here we go again stealing sales from the future. Once the program ends, auto sales will drop. The increase in sales will look like a small blip in a long-term chart.
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George Dagnino, PhD
Editor, since 1977
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