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Nov 14

Flashy muscle cars are recession’s hot ticket

post Category: European, Events, In press, Other countries, United States post Comments (0) postNovember 14, 2009

One of the oddest recession statistics involves lipstick: In a twist of economic psychology, lipstick sales invariably rise in recessions. Now it seems the same may apply to Detroit-based V8 muscle cars. For the month of October, sales of muscle cars were up almost 50 percent compared with last year, according to data from Automotive News. Sales of all sports cars were up almost 24 percent. Some of that may be because the Chevrolet Camaro came on the market this spring, so it has added to the total…

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