Shrugging off the sweet bait of huge savings, consumers avoided auto showrooms in droves last month - sending sales down by double digits as Detroit's long-running slump looks as if it could last another year.
Ford was hardest hit in the August showroom drought, with sales diving 26.5 percent from the prior August.
Ford marketing executive Jim Farley warned of bleaker months ahead "as weak economic conditions and the consumer credit crunch continues."
The ecomonmy is bad and is effecting GM's sales. The gas prices and the economy are effecting Gm. Toyota is close to taking its place as the worlds biggest automotive company
Tuesday, September 9, 2008
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