All automakers saw steep drop in their U.S. sales. General Motors sales for October fell 45 percent. This was the worst month for sales since January 1991. Chrysler’s sales dropped 35 percent and Ford’s fell 30 percent. Toyota is offering zero percent financing but sales still sank 23 percent. Nissan dropped 33 percent and Honda fell 25 percent. One bright spot is that GM maintained its lead over Toyota for the highest sales in the U.S. market.
Source MSNBC
Monday, November 3, 2008
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