Major automakers' U.S. sales continued their deep slump in February, putting the industry on track for its worst sales month in more than 27 years as huge rebates and low-interest financing failed to spur fearful consumers to make a major purchase. ...more

March 4, 2009

Retailers reported dismal sales figures for December on Thursday as even Wal-Mart Stores, one of the bright spots in the industry, finally buckled under the pressures of the deteriorating economy. ...more

January 9, 2009

Economic cycles are Darwinian, picking off weak companies and leaving survivors stronger. ...more

December 20, 2008

With gas prices still near record highs, the economy in a slump and continued trouble in the credit markets, just about everybody expects August vehicle sales to be down significantly from a year ago. ...more

August 30, 2008

General Motors, Ford and Chrysler saw double-digit U.S. sales declines, but Toyota's sales edged up 3 percent in April, as high gas prices accelerated consumers' rush away from trucks and sport utility vehicles. ...more

May 2, 2008

When thousands of U.S. auto dealers gather in San Francisco this weekend, much of the talk will be about just getting through 2008. ...more

February 9, 2008

Sears Holdings Corp., the owner of the Sears and Kmart retail chains and Kenmore appliances, will reorganize into separate business units after a year of sales declines and dwindling profit. ...more

January 22, 2008

New home sales posted an unexpected increase in September. Analysts, however, viewed the small gain as highly questionable given the severe credit crunch that rocked the housing industry this summer. They predicted further sales declines before the worst housing slump in more than two decades comes to an end. ...more

October 26, 2007