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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. |
Credit’s Crunch & Car Sales (Fort Worth Star-Telegram)It’s been a rewarding career, following the reporting on major issues and economics over the past 16 years and getting to refute incorrect statements or facts with which reporters too often validate false stories. |
Czech car industry to grow despite demand slowdown (Reuters via Yahoo! Philippines News)(Rewrites with car sector outlook, adds comments, details) |
Downturn is hurting cities' car dealerships (Ventura County Star)Ventura County auto dealerships are reeling from the spillover of a nationwide economic collapse that is forcing them to consolidate or close. Business has fallen off so severely that cities — the ones that rely heavily on sales taxes generated by new- and used-vehicle purchases — are bracing for reduced revenue. A grim picture emerged last week from the auto dealerships in Thousand Oaks, ... |
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 ... |
