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While Yellen Is Stumped By Inequality, Maserati October Sales Soar By 97%

Tyler Durden's picture




 

Spot the free-money, wealth-effect-pumping, inequality-driven difference...

 

 

GM sold 226,819 vehicles in October 2014, just 417 more vehicles than it sold in October 2013 (+0.18%)

“The U.S. economy has steadily improved all year and now we are poised for a stronger expansion backed by an improved job market, higher consumer confidence and lower fuel prices,”

Maserati saw 97 percent sales gain posted in October, compared with same month one year ago

"Reflecting the broader appeal and versatility of the expanded model range and its exceptional performance and style, Maserati has recorded its best October ever," says Peter Grady, President & CEO of Maserati North America, Inc.

*  *  *

If only those poor people were rich asset-owners...

 

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Mon, 11/03/2014 - 21:40 | 5409047 Cognitive Dissonance
Cognitive Dissonance's picture

Didn't you hear? QE3 was a gift to the rich.

<Mission Accomplished.>

Mon, 11/03/2014 - 21:44 | 5409060 Oldwood
Oldwood's picture

No gift....theft. This hot money is evaporating the working stiffs income and opportunity.

Mon, 11/03/2014 - 21:57 | 5409094 seek
seek's picture

And savings and assets, too. All that hot money came at the price of real negative interest rates for the proles' savings, but positive real rates for their debts.

Mon, 11/03/2014 - 22:39 | 5409144 Rememberweimar
Rememberweimar's picture

The Chosenite cunt prints $TRILLION$ of dollars and gives it to all her chosenite friends, and then she's stumped as to why the rest of us are still poor?

You have to be fucking kidding me...

Our Military leaders are seriously fucked up in the head if the don't bomb these parasites...

Tue, 11/04/2014 - 00:30 | 5409507 Xibalba
Xibalba's picture

It proves the Fed is owned by...wait for it...The Rich!   Surprise!   Why would they do anything but take your 'money' and go to war with it?  Oh,  and you're gonna fight that war btw.  Forward!!!  

Tue, 11/04/2014 - 03:46 | 5409709 James_Cole
James_Cole's picture

There's a conspiracy at work here...

http://www.autoguide.com/new-cars/compare/2014-Maserati-Ghibli-vs-2014-P...

No way anyone chooses it willingly. 

Tue, 11/04/2014 - 07:21 | 5409815 Ace Ventura
Ace Ventura's picture

Style-wise the Maserati wins hands down. Performance/Tech wise, it loses badly.....particularly given the twin-turbo configuration barely beating the Porsche's non-turbo engine. If performance specs are what you're paying for, then the Benz runs away with this comparison. Granted, it used a V-8 instead of a V-6....but they milked better efficiency along with the expected more power than the Porsche and Maserati. But, styling is awful for both the Benz and the Porsche (please Porsche end this Panamerica line....or at least give it a total remake).

You can see how the 0.01%, flush with shit-tons of freshly printed FRNs backed by Johnny Taxpayer.....will go for style every time. Besides.....there is also the 'latest fad' consideration possibly at work here. Porsche and BMW are so.....pedestrian now. But just say the word 'Maserati'.....and yeah....you can see how their coke-crusted brains immediately go into 'gotta have it' mode.

Tue, 11/04/2014 - 11:47 | 5410585 James_Cole
James_Cole's picture

Style?? The ghibli is ugggly. People who buy maseratis also tend to think afflicition t shirts are cool. 

How you think the cls and panamera have poor styling... I have no idea. 

Tue, 11/04/2014 - 00:30 | 5409508 Xibalba
Xibalba's picture

wtf.  

Mon, 11/03/2014 - 21:42 | 5409056 Keltner Channel Surf
Keltner Channel Surf's picture

Maserati Chairman:  "Grazie, Russell 2000"

Mon, 11/03/2014 - 21:47 | 5409066 Mr. Magoo
Mr. Magoo's picture

You can lease a Maserati Ghibli for 559 a month with 4000 down. I would take that over GM anyday

 

Mon, 11/03/2014 - 21:53 | 5409084 seek
seek's picture

Yeah part of this misses that Maserati has been making a concerted effort to push more into the north american market (new models, more dealerships, etc.) This, plus growing off a low base and taking market share lets them turn in some nice growth numbers. Yes, it's $80K to drive off the lot, but you can easily hit that with Porsche, Mercedes, and shit, Caddy Escalades cost more than Maserati Ghiblis do.

Mon, 11/03/2014 - 21:58 | 5409097 wrs1
wrs1's picture

Maserati = All Show and No Go

I would rather have a Vette for the money.

Mon, 11/03/2014 - 21:49 | 5409075 stant
stant's picture

Duesenbergs were going fo 25 bucks after the 29 crash

Mon, 11/03/2014 - 22:38 | 5409228 NoDebt
NoDebt's picture

Good point.

Mon, 11/03/2014 - 23:24 | 5409385 cro_maat
cro_maat's picture

So that means I can pick up a nice used Maserati after the crash for a few rounds of silver. Sweet!!!

Probably trade for a pickup instead though.

Mon, 11/03/2014 - 21:57 | 5409093 Ness.
Ness.'s picture

Inequality has gone from a slow bleed to a gusher in short time.  The water is boiling.  Someone take the frog legs out or they're going to get stringy.

 

Oh the weather outside is frightful
But the fire is so delightful
And since we've got no place to go
Let It Snow! Let It Snow! Let It Snow!!

 

Mon, 11/03/2014 - 22:07 | 5409115 tumblemore
tumblemore's picture

yeoman economy -> plantation economy

 

prosperity -> not prosperity

Mon, 11/03/2014 - 22:24 | 5409167 czarangelus
czarangelus's picture

One month some year not long from now, I expect beheadings will rise 97% in a single month.

Mon, 11/03/2014 - 22:24 | 5409171 Hulk
Hulk's picture

My Maserati does 185

I lost my license

now I don't drive...

Mon, 11/03/2014 - 22:30 | 5409194 NoVa
NoVa's picture

Life's been good to me so far - - - 

 

Mon, 11/03/2014 - 22:39 | 5409231 Yes_Questions
Yes_Questions's picture
thanks guys.  was so hoping some conjured Joe in the posts +
Mon, 11/03/2014 - 22:39 | 5409232 NoDebt
NoDebt's picture

I got a limo, I ride in the back.

I lock the doors in case of attack.

- Jamie Dimon

 

Mon, 11/03/2014 - 22:44 | 5409255 Hulk
Hulk's picture

LOL !!!

Tue, 11/04/2014 - 06:48 | 5409800 OW My Balls
OW My Balls's picture

The S&P is 2004

It's hard to leave when you can't find the door

Mon, 11/03/2014 - 22:41 | 5409242 mr.n3utr0n
mr.n3utr0n's picture

The reason is that there's a new cheaper model that can compete with Mercedes, BMW and the like. $70-80K

Mon, 11/03/2014 - 22:46 | 5409262 yogibear
yogibear's picture

Yellen and the rest know exactly what their doing. Enriching the 1% at the expense of the 99%.

Mon, 11/03/2014 - 22:53 | 5409286 Larry Dallas
Larry Dallas's picture

Nobody who drives a GM is happy about their slot in life.

(Perhaps excluding the Escalade).

Mon, 11/03/2014 - 22:55 | 5409296 Tom Green Swedish
Tom Green Swedish's picture

italian trash. feel sorry for anybody who buys ones of these piles of garbage.

Mon, 11/03/2014 - 23:53 | 5409446 alexcojones
alexcojones's picture

Maria Antoinette drove a Maserati, right?

Tue, 11/04/2014 - 01:33 | 5409617 rockface
rockface's picture

Keep bailing out unproductive and dead companies and increase income-inequality.  The more the government interferes in the economy the poorer America becomes. 

Tue, 11/04/2014 - 02:01 | 5409642 Colonel Klink
Colonel Klink's picture

Fuck that Yoda looking zionist central banker cunt with a running rusty chainsaw sideways!

Tue, 11/04/2014 - 02:01 | 5409644 CanaryInTheCoalMine
CanaryInTheCoalMine's picture

Why do the numbers in this article have merit? According to the link below, Maserati sold 1,227 units this October. So by my calculations, Maserti sold about 623 units last yr. By comparsion they increased by virtually the same amount of units. If you want to make an argument about wealth inequality, have better supporting evidence.

 

*Source: http://www.cbs8.com/story/27229675/maserati-north-america-inc-reports-to...

Tue, 11/04/2014 - 04:16 | 5409728 godzila
godzila's picture

You are obviously correct - I muss say that the level of reporting at ZH has really degraded over the past 12-18 months.

Tue, 11/04/2014 - 08:15 | 5409882 overmedicatedun...
overmedicatedundersexed's picture

 

this is all you need to know about how fiat printing effects the economy:

"It stands just under 5 feet tall, a painted bronze woman atop a small platform with two wheels. But Alberto Giacometti's 1950 "Chariot" sculpture could make history Tuesday, when it goes on the auction block at Sotheby's.

With an estimated worth of more than $100 million, many dealers said it could become the most expensive sculpture ever sold and could help pull the increasingly top-heavy art market through another record-breaking auction season."

note who buys this art - while common men are without jobs, poor on welfare in highest numbers in usa history..think cabaret cabaret of 1930's berlin, money makes the world go round the world go round..

https://www.youtube.com/watch?v=i-c17FTfMDE&index=4&list=PLF74416F3B46C85BD

Tue, 11/04/2014 - 09:47 | 5410143 Rememberweimar
Rememberweimar's picture

Why does our military benefit from the rich-poor paradigm? Me thinks the Military IS the Federal Reserve... And we all know that Socialism is the last thing they want, because with socialism we would ALL be wealthy. Just not wealthy enough to afford Maseratis...

Tue, 11/04/2014 - 09:37 | 5410086 Martian Moon
Martian Moon's picture

Same is going on in boating

Big ticket boats sell, manufacturers are cutting back on their more affordable boats, no buyers

 

Tue, 11/04/2014 - 09:44 | 5410124 Rememberweimar
Rememberweimar's picture

Janet
Ellen
Weimar

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