“Hangover” (#1329)
- Internet Premiere
- Friday, 9/4 @ 12:00pm ET
- Detroit Public TV
- Sunday, 9/6 @ 10:30am ET
(Original Airdate)
Quick Links
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Open: John's Opening Thoughts
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Segment 1: Assessing Cash for Clunkers
Guest:
- Rebecca Lindland, IHS Global Insight
Panel:
- Keith Naughton, Bloomberg News
- Drew Winter, WardsAuto.com
(22:27)
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Close: John's ClosingThoughts
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EXTRA: Rebecca Lindland, IHS Global Insight
Synopsis
Rebecca Lindland, IHS Global Insight, Keith Naughton, Bloomberg News, Drew Winter, WardsAuto.com. Topic: Assessing Cash for Clunkers.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 WardsAuto.com.
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