carindustrycarnage

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General_Zad's_Chicken: At least GM is #1 of something again. ZING! more »
Cognitive Friction: Chevy Malibus are flying off the lots...that's one of the Four Horsemen of the Malaise-ocalypse right? Can I get a new Malibu with a landau roof, oper... more »
jduffy13: As the economies bottom out they will go to the inevitable extreme of the bear side. Eventually and not too long from now they will bounce back and ra... more »
Elhigh: Maybe people are realizing that their vehicles can be counted on to last more than two years? Crazy, I know... How long did they expect this ride to l... more »
junkman: Despite the carnage, the Ford F series still is number one. It's remarkable how we've been conditioned to buy products that we generally don't need. more »
acarr260: So how long before suppliers start demanding payments be made on time? As a follow-up question, how long before suppliers start declaring bankruptcy. ... more »
acarr260: I guess I picked the wroing week to stop sniffin' glue... more »
Ash78, tryptophanatic: Mini seems to be doing well, and VW Light Trucks (all two of them?) are up over 100% YTD. But that's what happens when you double your offerings. Same... more »

#salesfigures
Car Industry Carnage: October Sales Wrap-Up
#industrynews
Merrill Lynch: GM Bankruptcy Is "Not An Impossibility," Stock Price Plummets
#questionoftheday
Which Automaker Would You Vote Off The Island?
#carindustrycarnage

Car Industry Carnage: US Auto Sales Down 18.8% For June
Everybody knew it was coming, but the extent of the disintegration of the US automotive market came clearly into view today as automakers reported their sales figures for June. During a month when the national average price of gasoline topped an average of four bucks, what does one expect? Well — how about an 18.8% decline in sales. Fercrissakes, the Hummer brand saw a year-over-year fall of almost 60%! Un-freakin'-believable. What we have here folks is an automotive bear market — actually probably the worst bear market in the history of the industry. And like all bear markets, there are some clever companies which manage to shine even during the worst of times. Follow along as we discuss today's car industry carnage. These numbers are sourced from Automotive News as well as directly from manufacturers and are unadjusted unless otherwise noted. More »
#industrynews
Hummer Sales Fall 59.3%, Rest Of GM Sales Down 18.5%, Car Industry Carnage Continues

#carindustrycarnage