Edmunds and WH clash over clunker analysis

[volinbham]

Looks like we can add Edmunds to the list of biased observers...

White House, Edmunds in war of words over 'clunkers' | detnews.com | The Detroit News

[T-TownVol]

I eagerly await the sales number for this quarter. Then we will know who is correct. My money is on Edmunds. The CEO of Autonation is pushing for "Cash for Clunkers Part II". Edmunds does not benefit in any way by reporting the facts.

[volinbham]

I would guess like most things the numbers are somewhere in between. I certainly don't trust the WH or GM or Autonation. However, I don't think Moody's has a dog in the fight.

Anyway you slice it, we paid more than 4500 per incremental sale.

[T-TownVol]

Originally Posted by volinbham

I would guess like most things the numbers are somewhere in between. I certainly don't trust the WH or GM or Autonation. However, I don't think Moody's has a dog in the fight.

Anyway you slice it, we paid more than 4500 per incremental sale.

ding, ding, ding

[volinbham]

Originally Posted by T-TownVol

ding, ding, ding

But Moody's is much closer to what the WH says and quite different from what Edmunds says.

[IBlvNTmWrk]

The program itself was a clunker and provided only temporary relief without any long-term benefit. The next time an industry is suffering expect the companies to expect similar help from the government (i.e. tax payers).

[T-TownVol]

Originally Posted by volinbham

But Moody's is much closer to what the WH says and quite different from what Edmunds says.

brain cramp....I thought you said Edmunds, I have not seen what Moodys said