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FarCenter

(19,429 posts) Sat May 5, 2012, 05:01 PM May 2012

This Looks Very Bad For People Who Work At Car Dealerships [View all]

We're just playing around some more with the new Vehicle Miles Traveled data that's available on FRED, and we made this chart.

Growth in vehicle miles traveled has aligned almost perfectly with the growth in the number of employees working at automobile dealerships.

Thus the collapse in vehicle miles traveled does not look good for dealerships.

Read more: http://www.businessinsider.com/this-looks-very-bad-for-people-who-work-at-car-dealerships-2012-5

18 replies

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This Looks Very Bad For People Who Work At Car Dealerships [View all] FarCenter May 2012 OP

So what you're saying is that when the economy tanks it hurts everybody? yardwork May 2012 #1

Fewer miles driven means cars last more years, which results in fewer sales FarCenter May 2012 #7

Electric cars powered by solar energy are good for the environment. yardwork May 2012 #9

Batteries are costly, which means that a lot fewer cars can be afforded FarCenter May 2012 #10

I own a Prius. It cost less than many other sedans and costs way less to drive. yardwork May 2012 #11

It doesn't run on solar power, does it? FarCenter May 2012 #12

Not, that's a shame. It could but the gas and oil lobby are still very powerful. yardwork May 2012 #13

The UAW thanks you. Union Scribe May 2012 #17

Interesting quote downthread on that page Zalatix May 2012 #2

Yes but if they then order on-line, it's like a double whammy Lionessa May 2012 #3

nah - ya pay some showroom hostesses elehhhhna May 2012 #6

My mother bought every car 'fleet sale' starting in the early 1960's. Tikki May 2012 #4

Due to state franchise laws, I doubt this will happen anytime soon. FarCenter May 2012 #8

Yeah, but where do you take it for required maintenance to keep the warranty valid? NBachers May 2012 #14

Good question. I wonder if that could create a sustainable business model Zalatix May 2012 #15

The reply to that post clearly explains why that won't happen tammywammy May 2012 #16

Price of gas & repair costs, lack of integrity, loss of job security for consumer and the need for mother earth May 2012 #5

My car will soon hit 200K tabbycat31 May 2012 #18