With the Canadian Dollar jumping in value almost 10% compared to the US the past few months, do you think that North American new car prices may actually drop for the 2004 model year?
BTW - I am talking about the prices of vehicles sold in Canada.
I don’t think so – that’s when we (the USA, FoMoCo) suddenly like our own currency devaluation; we reap in more overseas profits as a percentage of the value of our dollar.
Also, there are a lot of GM, Chrysler, Ford, and Toyota in Ontario!
Not exactly what you’re looking for… but,
Today in the Stock Market:
Helium was up, feathers were down.
Paper was stationary.
Fluorescent tubing was dimmed in light trading.
Knives were up sharply.
Cow steered into a bull market.
Pencils lost a few points.
Hiking equipment was trailing.
Elevators rose, while escalators continued their slow decline.
Weights were up in heavy trading.
Light switches were off.
Mining equipment hit rock bottom.
Diapers remain unchanged.
Shipping lines stayed at an even keel.
The market for raisins dried up.
Coca Cola fizzled.
Caterpillar stock inched up a bit.
Sun peaked at midday.
Balloon prices were inflated.
And batteries exploded in an attempt to recharge the market.