Autoline #1329: Hangover
from Autoline This Week Hosted by Autoline
Hangover How many summer hangovers can you handle? You may personally know your own limit, but now the country is about to find out just how many it can take. Over the past few months we've collectively already survived one in entertainment -- the popular hit comedy by the same name which grossed nearly $300 million domestically. Meanwhile, on the durable goods front we had the "Cash for Clunkers" program which sold nearly 700,000 cars and trucks. And now as it fades in the rearview mirror, experts are wondering just what will happen with automotive sales over the last four months of 2009. Will the public be suffering from "Clunker hangover" -- with no cash incentive to sweeten the deal will customers continue to visit dealerships and more importantly buy cars? That's one of the many sales questions that this week's Autoline experts grapple with. Joining host John McElroy on the panel are Rebecca Lindland from industry research giant IHS Global Insight, Keith Naughton from Bloomberg News and Drew Winter from Wards.com.
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