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Thursday, March 8, 2012

European economies likely to impact automakers

Observation:   A recent story from Detroit News suggests that the economic downturn impacting Europe will have a negative affect on automakers.  Click here to see the story.

Implications:  Speaking relatively, the U.S. economy and consumer confidence is out-performing many other parts of the world.  That might entice manufacturers to offer incentives in the U.S. market, hoping that sales lift here might compensate for softness elsewhere.

Do you find global economics having a local impact on your business?

Mike Anderson, for the Elm Street Economics consumer trends blog. A service of The Center for Sales Strategy, Inc.

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