Reuters - Video

EDITION: U.S. | U.K. | IN

Breakingviews

Breakingviews: Car sales on a roll

Wednesday, Apr 03, 2013 - 03:24

April 3 - Reynolds Holding and Breakingviews columnists talk strong U.S. auto sales and what they say about housing and the broader economy.

▲ Hide Transcript

View Transcript

We'll put some bright -- it is among the more Juan economic tidbits today. Car sales in the US have hit their highest level in years. And in the land of pickups and suvs and other assorted monsters that's pretty big news analysts have put -- some. Broad -- of potentially yeah it was just being a merely adding to the thing is that there was lots of concerns coming into this year to particularly for consumers that they would you kind of pull back to respond to talk about -- again there's going to be payroll tax increase. Sequestration. -- account we're seeing with Parcells is that if consumers are continuing to buy and which is a pretty big ticket items -- the biggest one you know outside of and that is Anthony has written before there's lots of pent up demand there's a -- -- aging you know vehicle fleet on the road. But I think you know with a pickle -- the pick up trucks out and that's kind of indicating to that you're giving us a little bit of virtuous cycle from housing and housing picks up. Construction workers actually need something to like is it also Paulson auction or is it because you know I'm -- people -- how to -- as they need to put something in the grotto that is a pretty strong on diet -- -- Yes that I as a strong crowd and the senate is a huge correlation between housing and pickup trucks since I'm not collapsing -- -- watched housing prices picked -- should see more trucks being so. Because there's more renovation McDonald houses more stepping -- -- aren't new bills and who -- his demise is that it's it's. How does the economy get effects of policy because yes there is and has been for years and took him on an average age -- -- -- 1112 years right and -- SEB it's like. Accessing forcing which -- gets a point where it don't -- long enough that I. -- -- -- what how much money to spend to keep -- -- clunker on the road for -- is getting anyone -- -- what was the parents and it's it's -- 50% rule which parents -- and that's with -- yeah I think some people. Knowledge is he going out buying it has different grand apparel probably isn't ineffectual and told you I would gets it right. But I don't let you know if you get on the margin if you some muscle an average and it and it -- sitting in a -- and big soda and. And usually inning when you're looking at your body -- like lets you know -- five -- ash -- -- by car and but again the it seems to be people are. -- deciding what is -- how does that mean this is a moment in other words is a sustainable or the good news is that they and I think it's against positive news -- still to get through the effects of sequestration. You know which is this kind of federal spending cuts that are that are coming. But again if we get through that period and and -- there is no meaningful slowdown I think people are gonna start to reevaluate it march was great but no matter how good was it was still a bit lower than. The prior three or four months so yeah. I think some of the incentives. Going away flying cars even though the price that people are paying for cars is up a little bit yeah so it it's almost like trade. Copyright and the first two months -- often. Some of the Bessie -- Nextel must regardless of everything else they get -- must might not be as difficult -- and -- I can go well that that the customs -- haven't quite hit across the bold yet yeah right and those of the payroll tax. The people re noticeable. I notices I -- -- -- -- you -- and say maybe they have nice I think you re not sitting pretty nice but it's not the second week in January pride while there's some reason for optimism though which is. But when Clinton we're gonna have to leave it there for now but stay tuned tomorrow for more breaking news.

Breakingviews: Car sales on a roll

Wednesday, Apr 03, 2013 - 03:24

Top News »

Money »

S&P falls back from record high S&P falls back from record high

Fri, Aug 22, 2014 - (1:35)

S&P 500 closes at new high S&P 500 closes at new high

Thu, Aug 21, 2014 - (1:24)

S&P 500 just shy of record S&P 500 just shy of record

Wed, Aug 20, 2014 - (2:23)

Apple hits $100 a share Apple hits $100 a share

Tue, Aug 19, 2014 - (2:06)

Nasdaq closes at 14-year high Nasdaq closes at 14-year high

Mon, Aug 18, 2014 - (2:23)

Putin puts Wall Street in buying mood Putin puts Wall Street in buying mood

Thu, Aug 14, 2014 - (2:10)

We've become a promotional culture-RetailMeNot's Bodge We've become a promotional...

Thu, Aug 14, 2014 - (4:39)

Dow back to positive territory for year Dow back to positive territory for year

Wed, Aug 13, 2014 - (2:18)

Markets cheer Russia's Ukraine exit Markets cheer Russia's Ukraine exit

Fri, Aug 08, 2014 - (1:50)

Russia, Iraq push Dow to three-month low Russia, Iraq push Dow to three-month low

Thu, Aug 07, 2014 - (2:27)

Wall Street gains but telecom disconnected Wall Street gains but telecom disconnected

Wed, Aug 06, 2014 - (2:28)

The Exchange »

The Exchange: Hot commodity The Exchange: Hot commodity

Wed, Jul 16, 2014 - (9:25)

The Exchange: Constitutional crusade The Exchange: Constitutional crusade

Wed, Jun 25, 2014 - (11:35)

The Exchange: The value of money The Exchange: The value of money

Mon, Jun 02, 2014 - (9:53)

The Exchange: China’s Second Continent The Exchange: China’s Second Continent

Tue, May 27, 2014 - (9:35)

The Exchange: A master of business arts The Exchange: A master of business arts

Thu, May 08, 2014 - (8:24)

The Exchange: America's bankrupt cities The Exchange: America's bankrupt cities

Mon, May 05, 2014 - (8:52)

The Exchange: Let the rocking commence The Exchange: Let the rocking commence

Tue, Apr 08, 2014 - (8:13)

The Exchange: The Moneyball fallacies The Exchange: The Moneyball fallacies

Mon, Mar 24, 2014 - (9:54)

Is doing good a good business? Is doing good a good business?

Mon, Mar 17, 2014 - (7:38)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Moving Pictures »

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Wed, Jul 02, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, Jun 06, 2014 - (1:08)

VIVID – Sydney’s spectacle of light VIVID – Sydney’s spectacle of light

Fri, May 30, 2014 - (1:37)

The week that changed Boston The week that changed Boston

Mon, Apr 14, 2014 - (3:28)