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04-02-2021, 12:20 PM | #1 |
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SOA Reports March Sales Growth of 102%
https://seekingalpha.com/news/367875...-growth-of-102
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04-02-2021, 12:53 PM | #2 |
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BRZ up 111%!!!!!!!
47% YTD! |
04-02-2021, 12:57 PM | #3 |
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Crosstrek +176%. I guess it maybe could be from the 2.5 model? Or the numbers last March were down from COVID and sales weren't that good.
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04-02-2021, 01:03 PM | #4 |
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04-02-2021, 01:05 PM | #5 | |
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Quote:
We're certainly a contributor to that 102% increase. That's right at the same percentage of our increase. Our sister store was more like 40%. |
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04-02-2021, 01:12 PM | #6 |
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Odd not odd: Where's the Legacy?
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04-02-2021, 01:23 PM | #7 |
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04-02-2021, 01:30 PM | #8 |
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Good for them. I really like my Forester for what it is.
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04-02-2021, 01:36 PM | #9 |
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Past year comparisons not going to be as meaningful for a while, because of the pandemic effect last year.
But looks like Forester retaining its lead over Outback, and Ascent falling further behind. |
04-02-2021, 01:44 PM | #10 |
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04-02-2021, 01:53 PM | #11 |
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04-02-2021, 01:56 PM | #12 |
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% increase, yeah. Don't pay too much attention to.
BEST ever March.....now, that's saying something. |
04-02-2021, 02:07 PM | #13 |
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The S&P500 is up 71% from March 31 2020 to 2021.
Mine is only up more cause it's more volatile stuff so it was down more than the S&P500 last March (it's all mining stocks). Comparisons to March 2020 aren't meaningful, that's my point. |
04-02-2021, 02:12 PM | #14 |
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04-02-2021, 02:28 PM | #15 |
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Subaru's average buyer is above the $75k stimmy threshold. Porsche's is way above. There are many factors at play, but the stimulus check's effect is minimized.
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04-02-2021, 02:50 PM | #16 |
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Statistics at its finest. If you go back to the beginning to mid-February 2020, then the S&P is up around 18%.
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04-02-2021, 04:32 PM | #17 |
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04-02-2021, 06:33 PM | #18 | |
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Porsche buyers saw their stock portfolios explode upwards in 2020 and 2021 thanks to $10 trillion in stimulus. Porsche sales perfectly track the stock market. Heck even your average Subaru buyer did great in the markets the last 12 years. |
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04-02-2021, 06:35 PM | #19 |
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Yeah. Would be interesting to see actual numbers. My only point against this is Subaru buyers are typically the more financially stable ones. 13 years ago, Subaru was the only manufacturer to post an increase. I think this is a little different; but, not much. The only thing, I think, that really hurt sales last year was the shutdown of dealers. That was mostly in the north. Southern dealers didn't shut down in nearly as much numbers. We never did. Had all local governments listed car sales as "essential", maybe numbers would have been a lot higher. Certainly not "normal" levels; but, much better than the 60% drop.
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04-02-2021, 06:48 PM | #20 | |
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Think about the numbers. The Fed and government pumped $10 trillion into the markets and economy in one year. Total cars and truck sales are about half a trillion dollars a year. |
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04-02-2021, 07:19 PM | #21 | |
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04-02-2021, 08:15 PM | #22 |
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Seriously. Not hard to do better than last March when almost everything was shut down and everyone actually was staying at home before they got tired of being shut-ins.
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04-02-2021, 08:32 PM | #23 | |
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04-02-2021, 08:35 PM | #24 |
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04-03-2021, 08:01 AM | #25 |
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2,290 WRX/STI sold ...
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