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Car sales dive 21% in September: industry body (AFP via Yahoo! News)New car sales dived 21 percent in September on a 12-month basis, data by an industry organisation showed on Monday amid worsening economic conditions. |
Germany's Car Industry Crashes (Time Magazine)The world's biggest exporter falters as the global financial crisis begins to bite |
Super luxury car sales keep momentum (Business Standard India)The effect of the subprime crisis that began to be felt around early 2007 hasn’t affected domestic sales of super luxury cars priced between Rs 1 and 3 crore. |
PRESS RELEASE: Fitch On European RV Sales In Auto Industry (Nasdaq)Fitch Ratings-London/Paris/Frankfurt-08 October 2008: Fitch Ratings say residual value (RV) risk in European auto loan and lease transactions may be impacted by adverse developments in the auto industry, such as higher fuel prices and falling car sales. |
Auto industry slows in dull economy (KXAN 36 Austin)AUSTIN, Texas (KXAN) -- The auto industry is among the industries hardest hit by the sluggish economy. Sales plunged last month partly because credit is so tight that many potential buyers can no longer get loans. That is having a disastrous effect on this country's car dealers. |
Used car sales up despite poor economy (WAOW Wausau)There used to be a time when a family got excited about buying a new car, truck, or van. But with Wall Street taking record plunges, more people are turning to used cars to save money. |
Czech car industry to grow despite demand slowdown (Reuters via Yahoo! Philippines News)(Rewrites with car sector outlook, adds comments, details) |
China's auto sales slump for second month as economy slows (People's Daily)China's auto sales fell for the second month running affected by the slowing economy, figures released by the China Association of Automobile Manufacturers (CAAM) showed on Friday. September passenger car sales shrank 1.44 percent from September last year to 552,800 after the August sales contracted 6.24 percent from a year earlier. About 5.1 million passenger cars were sold in the year to ... |
Vietnam's Sept car sales at lowest this year (Reuters via Yahoo! Philippines News)HANOI, Oct 7 (Reuters) - Vietnam's September car sales fell by one third from August to 5,180 units, the lowest monthly sales volume so far this year, while sales in the first nine months still nearly doubled from a year ago, an industry report said. |
Car industry to continue fight against luxury tax (The West Australian)Australia’s car industry will continue fighting the federal government’s tax hike on luxury models, the Federal Chamber of Automotive Industries says. Chief executive Andrew McKellar says that while |
