Another canary in the coal mine has just dropped to the bottom of its cage.
A few weeks back, I wrote aboutevidence that the bubble-ized new car business – “sales” inflated by the same kinds of financial flim-flam that gave us the housing bubble just about ten years ago – is on the verge of popping.
And may have already popped.
Now comes another indicator.
Sales of Chevy’s Camaro muscle car and its two rivals, the Ford Mustang and the Dodge Challenger, have stalled.
Suddenly, too.
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