Posts Tagged ‘Economy’
Kelleher: Fear is driving people away from major purchases; Analysis by David Kelleher, David auto Group President
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.
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