The US car industry is dying. These sales declines are incredible and will result in the insolvency of at least two US car manufactures. Chrysler just announced a 52% decline in sales. Bailout money is going into a black hole.-Lou
DETROIT (AP) -- Toyota and Honda's U.S. sales fell more than their U.S. competitors' in December, with Toyota's 37 percent decline and Honda's 35 percent drop showing the Japanese company's popular fuel-efficient models were little help as consumers steered clear of showrooms due to the dismal economy.
Ford Motor Co.'s U.S. sales fell 32 percent in December, while General Motors Corp.'s dropped 31 percent. Chrysler LLC and other automakers were to report their U.S. sales for December and 2008 later Monday.
Read Article Here:
http://finance.yahoo.com/news/Fords-Dec-sales-drop-32-pct-apf-13965946.html/print
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