• Aug 29, 2006
Last year Hurricanes Katrina and Rita knocked the wind right out of automakers' sails, who were enjoying three months of healthy summer sales fueled by big incentives and employee pricing. From August through October of last year, however, sales were down 21 percent at GM, 13 percent at Ford and up only 2.1 percent at DaimlerChrysler, the Detroit Free Press reports. Because of this extended period of sales depression, the results this year for the next few months may look rosy in comparison. At the same time, some analysts caution if sales remain flat in the coming months compared with last year that it will focus the spotlight even further on the poor sales performances of GM, Ford and DaimlerChrysler.
We will know by the end of the week how each has fared, as automakers will be releasing their sales figures for August on Friday. We'll round them up for you, of course, in our By The Numbers series of posts.

[Source: The Detroit Free Press]


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 3 Comments
      • 8 Years Ago
      Katrina had nothing to do with sales being down last year, that is so rediculous. If that was true it would have effected all companies across the board. I live in the area and had a lot of damage and yet I bought a truck, because mine was destroyed.
      • 8 Years Ago
      2. Katrina had nothing to do with sales being down last year, that is so rediculous. If that was true it would have effected all companies across the board. I live in the area and had a lot of damage and yet I bought a truck, because mine was destroyed.

      Posted at 10:45AM on Aug 29th 2006 by AverageJoe 0 stars

      Joe, what? Katerina had a LOT to do with sales plunging. $3 gas, remember? Yes, it's common now, but when you first see it on the sign it's a shocker. Remember the BP station that had it posted over $5 for regular? Something tells me you're not an Average Joe, Joe.
      • 8 Years Ago
      OT - Who got in that brick-laden Chevy truck and turned the lights on?