Autos

Jay Hecht JayHecht at aol.com
Thu May 7 12:50:17 PDT 1998


Folks,

Let us not forget that autos provide cashflows to MANY other sectors. I guess that excluding multiplier effects, just the flow to insurers, finance companies, repair/service, state DMVs, etc. probably amount to close to a trillion bucks (note auto premiums are somewhere in the vicinity of $150 to $200 bill).

jason



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