Friday, September 12, 2008

August Car Sales Report

GM reported at 24.5% drop in August car sales with Ford reporting a 26% drop and Chrysler a 35% drop. Meanwhile the competitors of 'the big three' reported a drop as well -- sales at Honda and Toyota dropped, but less than 10%, while Nissan actually saw a 15% increase in sales. GM, Ford, and Chrysler are all looking forward to 2010 when they plan to put all kinds of brand new fuel-efficient and alternatively fueled small cars on the U.S. market. Lets just hope they are all still around, from my point of view, 2010 seems a long way off.

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