GM: Truck/SUV Sales Growth Has Spiked to Infinity!

By Paul Kedrosky · Thursday, August 28, 2008 ·

Gosh, apparently the automotive downturn is over already. General Motors chairman Robert Lutz told reporters that he is seeing a "resurgence" in demand for trucks and SUVs. Who would have thought?

Then again, here is a gentle math lesson: When a number drops to near zero -- like .... say, SUV sales -- any uptick in it creates, in relative terms, a percentage gain that tends toward infinity the closer the denominator of the new/old ratio is to zero. Me-thinks that might help explain things.

[via Bloomberg]