Trucks. Topping the previous high set in 2000. The reasons are the ones weve been telling you about, cheap gas, low rates on loans and a strengthening economy and job market. As phil lebeau explains, records were broken despite lukewarm sales in the final month of the year. Reporter americans bought new cars, trucks absuvs at a strong pace in december, though maybe not as strong as many on wall street expected. The major automakers boosted sales last month between 5 and 1 which was generally shy of what many on wall street were expecting. The one notable exception, General Motors increased sales 5. 7 in december and for the First Time Since 2007, gm sold more than 3 million vehicles in the u. S. With Interest Rates starting to rise and the expected Monthly Payment for auto loans expected to move slightly higher, some have been concerned that perhaps weve seen a top in auto sales in the u. S. , but analysts believe we should see Strong Demand continue for the foreseeable future. Were ac
Trucks. Topping the previous high set in 2000. The reasons are the ones weve been telling you about, cheap gas, low rates on loans and a strengthening economy and job market. As phil lebeau explains, records were broken despite lukewarm sales in the final month of the year. Reporter americans bought new cars, trucks absuvs at a strong pace in december, though maybe not as strong as many on wall street expected. The major automakers boosted sales last month between 5 and 1 which was generally shy of what many on wall street were expecting. The one notable exception, General Motors increased sales 5. 7 in december and for the First Time Since 2007, gm sold more than 3 million vehicles in the u. S. With Interest Rates starting to rise and the expected Monthly Payment for auto loans expected to move slightly higher, some have been concerned that perhaps weve seen a top in auto sales in the u. S. , but analysts believe we should see Strong Demand continue for the foreseeable future. Were ac
World leaders have been unable to stop the conflict in syria. Now theyre trying to help the victims. In a Conference Today they pledged more than 10 Million Dollars to syrians. That will provide food, water and medicine as well as jobs and schools. Our correspondent is in london with more reporter the u. N. Calls it the worst humanitarian crisis since the Second World War and it is very difficult to see how it is going to end. The failure of talks in geneva made it this gathering this gathering all the more important. The suggestion inside syria is as close to hell as we are likely to find on this earth. If we are to stop the most able and qualified syrians from leaving their country, they need confidence that they can do more than just survive. Reporter there is a depressing assumption behind this conference, that the Syrian Crisis will be with us for some time to come and, therefore, donors need to look at longterm assistance, education and employment for millions of syrians in the l
Assaults that shocked germany. Five years of civil war over a quarter million dead, half a million under siege complete cut off from food and aid, and 9 million forced to flea. These are the numbers that describe the human catastrophe in syria. On the ground, fighting rages on. Instead of talking, the government is waging an offensive driving out the opposition. At a london conference, leaders call for millions in aid for refugees, appealing to the conscience world. We are facing a critical shortfall in life saving aid that is fatally holding back our humanitarian efforts. After years of conflict, we are witnesses a Desperate Movement of humanity, as hundreds of thousands of syrians fear they have no alternative than to put their lives in the hands of evil people smugglers in search of a future. This is deeply disturbing that the steps of the talks have been undermined by the continuous level of sufficient humanitarian access and by a sudden increase of aerial bombings. This imperative
Agony of those who make raw products wins out causing the dow to plunge 268 points. Nasdaq nosedive 1. 73 , worst day in ages. Its a good news, bad news game. Today the negatives won out. First, though, because im kind of optimism fella. Some are obvious. When we pump our gas, most of us are in disbelief how cheap it is. I cant tell you how many times i put out 60, 50 will do. I get a good spot when that comes back to me, but there are big losers on the other side, too. We dont see them. From the longest losers are countries considered hostile to our interest or produce terrorists that charged our world in horrible and heinous ways, members of opec. These days gasoline may come from oil produced in the united states, refined in the united states. This time the losers, some are closer to home and borrowed a ton of money to keep drilling, money that cant be paid back if prices stay as low as they are. 61 a barrel, it will go lower, because there is no discipline to production. There is g