Hurricane a windfall for auto industry?
Oct 30, 2012 17:16:02 #
Looks like a lot of vehicles were destroyed by Sandy. That should provide a great sales benefit for dealers and manufacturers. But, the rest of us have to be cautious buying a used car.
http://online.wsj.com/article/SB10001424052970203335504578088940931419634.html?mod=googlenews_wsj
http://online.wsj.com/article/SB10001424052970203335504578088940931419634.html?mod=googlenews_wsj
Oct 30, 2012 19:04:05 #
Black Bart
Loc: Indiana
MisterWilson wrote:
Looks like a lot of vehicles were destroyed by Sandy. That should provide a great sales benefit for dealers and manufacturers. But, the rest of us have to be cautious buying a used car.
http://online.wsj.com/article/SB10001424052970203335504578088940931419634.html?mod=googlenews_wsj
http://online.wsj.com/article/SB10001424052970203335504578088940931419634.html?mod=googlenews_wsj
I told my wife today we can expect our auto insurance to go up because the insurance company will recover there losses from this one.
Oct 31, 2012 06:05:09 #
My tip for 2013.Buy shares in generators.The catastrophes ignited by power failures will make many buy home generators as backups for SandyII
Oct 31, 2012 06:31:28 #
Trevor2626 wrote:
My tip for 2013.Buy shares in generators.The catastrophes ignited by power failures will make many buy home generators as backups for SandyII
Actually a very good tip, thanks Trevor. I was just looking at Generac, a company that provides medium to heavy duty standyby power generation. I thought of them because 1) they are a US based company and 2) they only recently went public. I found this article on the web. Looks like they are due for a nice little bump when the markets open today.
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