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The auto industry is preparing to report another month of rapidly slowing sales - possibly the worst in decades - as the same toxic combination of the credit crunch and the careening economy continue to keep consumers away from dealerships. ...more
November 1, 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
Ford Motor Co., Toyota Motor Corp. and Nissan Motor Co. said June sales plunged as gasoline prices above $4 a gallon drove consumers away from fuel-thirsty trucks. ...more
July 2, 2008
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