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Car Prices Reach Historic Highs
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Description
FBN’s Robert Gray on the rising prices for cars.
- Duration 0:59
- Date Feb 3, 2012
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Transcript
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I'm Robert -- with your Fox Business creating some sad news and Micron Technology Stephen -- and the chief executive and chairman of the memory chipmaker this morning died when -- -- criminal fixed wing plane he was piloting.
Crash at the Boise airport he was 51 years old and shares of the tech company have been halted since that news broke.
Meanwhile demonstrations continue injury or square in Cairo Egypt protesters have clashed with police over the past two days.
Leaving more than 15100 injured and at least four people dead.
The protesters blamed police for not preventing -- soccer right on Wednesday where at least 75 people were killed.
There -- also out demonstrating against the ruling generals -- ousted President Hosni Mubarak last February.
Back stateside car prices have reached historical highs that's according to JD power & Associates.
Consumers are paying on average 11% more for a new vehicle and cash rebates and other incidents of drop on average by more than 400 bucks a car since 2008.
