Thursday, September 12, 1985/The Battalion/Page 15 irle •xpects ith all mi n’t I would jlosion and d lately al- tength and window, tan cou ing the iffkials, tb; p.m.,wli« tbound Coirabn- n the town! las in tbt Estrela ti cket colb told ANOf with M y were rid- re becaux irough tin x plosions. Viseu, apital, Lis- nations d people to facilitatt njured. o you feel and dimti my moun- other sons, 3ryan Promotional bait hooks car buyers during factory ‘clear out’ days Associated Press NEW YORK — Lured by some at tractive promotional bait, American consumers have been buying cars in a frenzy lately. In the last part of' August, they drove new automobiles off dealers’ lots at a rate of 40,000 a day. Figures for the First 10 days of September, due out late this week, are also ex pected to.be impressive, if not quite up to the late August pace. As any industry-watcher who has been asked has been quick to point out, the boom in the business results in large measure from some special, short-term factors. Most important, domestic man ufacturers are subsidizing it with loans at interest rates of 7.5 percent or 7.7 percent on “selected” models from their 1985 inventories. They want to clear this merchandise out so that they can start pushing their 1986 lines. Some of the business was bor rowed from a few weeks earlier, when sales were held down by a strike of truck haulers who ship cars from factories to dealers. A below-market interest rate amounts to a price reduction in dis- as shoppe should be aware, it often may be a substitute for a concession in the sell ing price that a dealer might other wise be willing to negotiate. The current offerings are sched uled to expire around the end of this month as the supply of remaining ’85 models dwindles. But though the car manufacturers can dictate when and where any specific Financing deals are offered, they cannot simply call an end to fierce competition. And the way the outlook is shap ing up for the industry and the econ omy as a whole, many analysts say more special offers for car buyers are likely in the months ahead. “The competitive nature of the auto market itself will make sales in centives — cut-rate Financing, price rollbacks, dollar days, sellathons, etc. — the rule, not the exception,” said John Maher in the latest edition of Economic Webk, a commentary from New York’s Citibank. In the fourth quarter of the year, domestic car sales, which fan at an Annual rate of 13.5 million in late August, “could fall as low as 6.5 mil lion units annualized if no new in centive programs are initiated,” de clared Donald Straszheim, chief economist at Merrill Lynch Econom ics. NOW THROUGH SATURDAY Dillard’s RECORD DAYS short-sleeve knit shirts by Van Heusen 9.99 Special. 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Hotline 823-CARE BACKTOKINKO'S 1 • High quality copies • Low cost • Close to campus • Open early, open late, open weekends kinko'r 201 College Main 846-7008 IMS Serving Bluebell Ice Cream next to Dixie Chicken at Northgate ALPHA CHI OMEGA Fall Rush Tuesday, Sept. 10 Wednesday, Sept. 11 Thursday, Sept. 12 For more information, call; Karen, 693-0065 Sandee, 696-5828 INVENTORY LIQUIDATION SALE We re drastically overstocked, because of late In come tax refunds, and must begin immediate liqui dation of all inventories. Nothing will be held back. All sacrificed at a fraction over dealer’s cost. 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