News Source: Washington Post
| about 1 month ago
As the monthly sales numbers were reported Thursday, it became clear that some of the spectacular gains of August had merely been borrowed from September...General Motors' sales dropped 45 percent. "We expected there would be payback," said Mike...
News Source: National Public Radio
| about 1 month ago
They say there are two main reasons for the numbers: The government incentives encouraged some buyers to pull their purchases forward. The other reason: Cash for Clunkers was so popular that when September rolled around, many dealers didn't have...
News Source: The Journal Gazette
| about 1 month ago
U.S. auto sales fell sharply in September, enduring a tough hangover from this summer’s Cash for Clunkers buying spree. General Motors Co. and Chrysler Group LLC posted the biggest slowdowns during the month, while Hyundai was the sole winner among...
News Source: Turks and Caicos Free Press
| about 1 month ago
U.S. auto sales tumbled by more than 20 percent in September as showrooms emptied after a government-funded summer sales boom and Ford Motor Co ( F .N) gained ground on its major rivals, sales figures released on Thursday showed. Sales for General...
News Source: The Age
| about 1 month ago
Chevrolet, GMC, Buick and Cadillac - are well positioned with new products to generate enthusiasm." GM said its sales were down 36 per cent for a "strong August", when sales fell 20 per cent from August 2008, but were up 30 per cent from July. The...
News Source: BBC
| about 1 month ago
General Motors reported the biggest decline, with its sales dropping 45% from a year earlier, while Chrysler's fell 45%, and Ford's slipped 5%. The falls came after the scrappage scheme ended on 24 August. This gave customers a cash incentive to...