Money Matters – record car sales

Money Matters – record car sales


AFFIC, BRUCE?>>CHECK ON MONEY MATTERS THIS MORNING, MILLIONS OF PEOPLE HAD THE SAME IDEA TO LIVE STREAM THE LAST SECONDS OF 2016. AND DISNEY COULD GET, WELL, WHAT IS CALLED A TRUMP BUMP.>>>JANE KING JOINS US LIVE, IN THIS MORNING’S MONEY MATTERS REPORT. IT IS A SMALL WORLD AFTER ALL BECAUSE DISNEY COULD BENEFIT MORE THAN MANY AMERICAN COMPANIES IF DONALD TRUMP’S TAX POLICY IS APPROVED HOW SO?>>>THAT IS ACCORDING TO BARON’S MAGAZINE. DISNEY’S EARNINGS COULD JUMP 10% ON THE PRESIDENT-ELECT’S NEW TAX POLICY. DISNEY PAYS ALMOST A FULL CORPORATE TAX THAT IS IMPOSED BY THE GOVERNMENT. A LOT OF COMPANIES DON’T AND THEY’RE ABLE TO GET AROUND ALL THAT, BUT DISNEY DOES NOT. MOST OF ITS BUSINESS IS INSIDE THE UNITED STATES. IT IS IMMUNE THE TARIFFS THAT ARE BEING THREATENED. IT SAYS THOSE ITEMS ARE MAKINGS IT ONE OF THE MOST PROMISING STOCKS FOR THIS YEAR.>>>2006 — 2016 ENDED UP BEING A BANER YEAR FOR CAR AND TRUCK SALES.>>>AWE TOWMAKERS HAD STRONGER THAN EXPECTED SALES IN DECEMBER. THAT SENT YEARLY SALES TO ALL-TIME FULL YEAR RECORD HIGH 17 1/2 MILLION VEHICLES SOLD LAST JEER AND FORD F-SERIES TRUCK DOES IT AGAIN.>>>ONE OF THOSE VEHICLES LEADING TO THE RECORD YEAR. THE F SERIES THE BEST-SELLING TRUCK FOR 40 YEARS STRAIGHT IT IS AN AMAZING STRING OF VICTORY. FORD SOLD MORE THAN 26 MILLION OF THE F-SERIES TRUCK SINCE IT CAME OUT IN 1977. AND THE F-SERIES TRUCK HAS BEEN NOT JUST THE BEST SELLING PICKUP TRUCK BUT BEST-SELLING VEHICLE OF ANY KIND ON SEVERAL OF THOSE YEARS.>>>I SUPPOSE WITH FACEBOOK LIVE AND THE ABILITY TO LIVE SPREAM THINGS, YOU’RE NEVER REALLY ALONE EVEN ON NEW YEAR’S EVE.>>>IT WAS THE BIGGEST NIGHT FOR FACEBOOK LIVE SINCE THE STREAMING SERVICE LAUNCHED IN APRIL. FACEBOOK WOULD NOT SAY HOW MANY LIVE STREAMS THERE WERE ON NEW YEAR’S AUTOMOTIVE BUT SAID THE EAST COAST HAD THE HIGHEST NUMBER FOLKS IN THE PACIFIC TIME ZONE, THEY’RE THE LAST ONES TO RING IN THE NEW YEAR, MAYBE THEY WENT AS EXCITED TO WHIP OUT