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GM, Chrysler Merger Could Mean Job Losses; General Motors; U.S. Car Sales Slump; GM, Chrysler Sales To Team Up?

Fri, 20 Mar 2009 23:34:47 +0000

Bloomberg asked:

GM, Chrysler merger could mean job losses, plant closings; Analysis by David Cole of Center for Automotive Research

Car sales slump as recession takes hold

Fri, 06 Mar 2009 20:00:26 +0000

itnnews asked:

The number of new car sales dropped by a fifth in December, says Nikki Rooke from The Society of Motor Manufacturers and Traders.

Decline in car sales predicted

Tue, 24 Feb 2009 15:26:15 +0000

thestaronline asked:

Frost & Sullivan predicts a decline of 8% in vehicle sales in the country this year.

BBC Middle East Business Report: Car Sales

Thu, 05 Feb 2009 10:52:18 +0000

mebrben asked:

It’s not been a good week for car-makers. The economic gloom in the US and Europe has forced some of the world’s biggest auto firms to cut jobs as sales and profits nosedive. But in the Middle East, it’s a different picture. Jaguar has just announced a 40% jump in sales and that follows the 21% rise at BMW. So could the Middle East be a saving grace for the world’s car industry? Ben Thompson has been finding out.

Credit Crunch Hits Car Sales; The Real Economy

Sun, 18 Jan 2009 07:12:24 +0000

Bloomberg asked:

Kelleher: Fear is driving people away from major purchases; Analysis by David Kelleher, David auto Group President

Car Sales Slump, Imports Backed Up at Ports

Mon, 12 Jan 2009 22:43:47 +0000

AssociatedPress asked:

Three major automakers are asking California’s Port of Long Beach for more storage space for their freshly imported cars. The AP’s John Mone reports on why this back up is bad news. (Nov. 21)

Car Sales Hit The Brakes

Wed, 07 Jan 2009 19:33:53 +0000

CBS asked:

The ongoing worldwide economic crisis has impacted the automobile industry in the U.S., as car sales continue to decline. As Priya David reports, Detroit manufacturers are now trying to adapt.

New Analysis Shows Car Sales Take a Dive

Sun, 04 Jan 2009 10:08:06 +0000

AssociatedPress asked:

BusinessNew Analysis Shows Car Sales Take a DiveNew Analysis Shows Car Sales Take a DiveThe Associated PressAs the economy continues to suffer, auto makers are struggling. That trickles down to car dealers who have also seen sales slow dramatically. A new report shows last month G.M., Ford, Chrysler and Toyota had double-digit sales dips. (July 1)This video contains ONLY natural sound. No script is available.

Slump In Car Sales Blamed On Housing Market

Fri, 02 Jan 2009 07:35:22 +0000

weshtv asked:

Car sales are down and many experts are blaming the lagging housing market.

“People don’t want to spend any money with the housing market slowing down. There’s no money coming in. There’s no money for them to spend, so we’re seeing it. We’re seeing these people who were buying, 4, 5, 6 vehicles a year for their company, are not buying any vehicles. Everybody is on a freeze right now,” Corey Argentino of Sunstate Ford said.

Sunstate Ford said they survive because of loyal customers.

Will Washington Save Detroit?; U.S. Car Sales Slump; The Big.Two?

Sat, 27 Dec 2008 07:54:55 +0000

Bloomberg asked:

GM, Chrysler consider merger as economy, credit erodes; Sources: GM wants treasury to help finance purchase of Chrysler; GM wants to tap into treasury’s $700 Billion rescue fund; Credit crisis making it difficult to secure merger financing; GM, Chrysler m