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Economic weather report: Carbuyers returning to car yards

Posted in News

Click here for this mornings video. Click here and scroll along the bottom strip for the video. Bernard Hickey delivers an Economic Weather report looking at a pickup in car sales in recent months, signalling business confidence and consumer confidence is starting to filter through to the real economy. Here is an interactive chart for car sales.

We welcome your help to improve our coverage of this issue. Any examples or experiences to relate? Any links to other news, data or research to shed more light on this? Any insight or views on what might happen next or what should happen next? Any errors to correct?

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15 Comments

We all remember : http://www.youtube.com/watch?v=uC-0iChd1sI

We all remember :
http://www.youtube.com/watch?v=uC-0iChd1sI

..a few don't - hmm!

Notice a lot of positive

Notice a lot of positive news in NZ recently:
1. Housing market getting better
2. GDP positive
3. Out of recession
4. Fonterra reports improving dairy prices
5. Business confidence improved
6. Car sales improving
7. Even the NZD is stronger (good for some, bad for others I suppose)

Maybe!Only because the negative news

Maybe!Only because the negative news is not made mainstream!!What about the $400,000,000 a week the country is borrowing?Just experiment at work-ask your friends if they now anything about it!!

@Ian agree, I was asked

@Ian

agree, I was asked recently at an auction if I am a businesswomen, because I bought some gold items. I denied and tried to explain, I just wanted to put some of my savings in a more secure position because of the financial debt position, doomed to fail, all over the world, particularly in the US. I pointed out also the unservicable debt in godzown. The nice couple, obviously quite well off and not uneducated, was flabbergasted........did not hear much about it, "but we are in NZ, nothing can happen here...."

What I must be on

What I must be on a different plane,
I just sold my car and brought something that runs on WATER and AIR.

A). A RACING MOUNTAIN BIKE.

Must be a super fast

Must be a super fast 'bike if you get it air-borne , and think you're on a plane !

Yep Rodger, havn't mastered the

Yep Rodger, havn't mastered the flying bit yet but discovered the other day it can get up to 70k/ph.

A). Put on TRAIN !

Lets hope the bus strike

Lets hope the bus strike goes on and on, saving us (Auckand ratepayers) 166K a day in subsidies for an 'efficient' transport system, has anyone with half a brain ever considered that an efficient transport system would not require subsidies in addition to exorbitant fares.

Neven

Nenven911, An '' efficient" transport

Nenven911,
An '' efficient" transport system is one that only requires WATER @ AIR.(2 operate)

Got a felling things will heat up on site now that Outrageous Fortune has fininished Pity I gotta work shift.
Dam HEAVY rain were I'm at BUT at least I got tale wind !

Tale wind ? That's when

Tale wind ? That's when your stories are full of hot air ! ......... Tail wind ?

$400oooooo a WEEK....at say 5%....bloody

$400oooooo a WEEK....at say 5%....bloody calculator ,not enough space....gawd and heck this elephant sure aint going away in a hurry. You what?.....it's just the govt debt you say.....there's MORE!!!! how friggin much?.....two hundred billion dollars......we're stuffed....utterly stuffed.. So what your saying is...lots and lots of peasants are going to spend the next twenty plus years feeding the frigging banks with interest....AND....on top of that....paying higher taxes and user theft and fees and every other bloody govt take take the morons can dream up??.. hah...haaaaaaaaaaaaaaahaahaahaahhaaa.

yep Wally, and global government

yep Wally, and global government created inflation......the biggest theft of em all.

Hey Bollard! You really do

Hey Bollard! You really do read this site.

"In recognition of the seriousness of the financial crisis, the Governor, Deputy Governor and two Assistant Governors requested they be given no remuneration increase in calendar year 2009."
RBNZ press release 1min ago.

How about a TOATAL PAY

How about a TOATAL PAY cut...to the true rate for the job...

Anyone could do it better for.....ZILCH.

Roger torag, in respect to

Roger torag,
in respect to you comment last night, when i was signed off doing night shift as u bl#dy well new so you posted your BS> return blog , I suggest you go back to your holiday drinking wine by a river so a good hunter like me may mistake you for what you are.