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Auto sales continue to plummet
Can’t do too much to rescue automakers if no one is buying cars. Detroit’s bad vehicle lineup is only partly to blame. The bigger problem is that overall demand has collapsed. Americans now buy about 10m cars on an annualized basis, down from 16m. Bloomberg : Ford Motor ...
Agency Raises Concerns About Car Makers' Pensions
online.wsj.com — By John D. Stoll DETROIT -- The government agency that protects pensions for Americans is raising fresh... concerns about the repercussions if one or more of the U.S. auto makers were to collapse, saying 1.3 million workers and retirees could see their ... (more) Agency Raises Concerns About Car Makers' Pensions
U.S. Auto Sales Continue to Skid
U.S. Auto Sales Continue to Skid
online.wsj.com — MIKE BARRIS The U.S. auto market closed out its worst year in more than 15 years --... with an even weaker 2009 looming -- as General Motors Corp., Toyota Motor Corp. and Ford Motor Co. reported sales declines of more than 30% for December. Chrysler ... (more) U.S. Auto Sales Continue to Skid
The Electric Car
The Electric Car
time.com — It sometimes works for the fashion industry — bring back an old fashion, make it new and... a fad is born. This time, though, it's the automotive industry, hoping for the kind of lifestyle change that can bring car sales back from the dead. All three ... (more) The Electric Car
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Auto sales continue to plummet
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