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U.S. car sales in the doldrums to infinity until 2012 and beyond
There were about three million fewer cars sold in 2008 than 2007. Based on 2007's numbers, it would be the same as if Acura, Audi, BMW, Chrysler, Dodge, Jeep, Lexus, MINI, Porsche, and Saab all closed their doors in 2008. In terms of pure automotive carnage, that's not the kind of damage you can just buff out. And the predictions for the future agree on two points: it's going to get worse, and it won't return to what it was for years to come. The only difference in the predictions of gloom is exactly how long things are going to stay depressed. ... Read more →
By The Numbers - 2008: Phew! Glad That's Over Edition John Neff
We didn't know sales for the U.S. auto industry in 2008 would be this bad when the year began, but it sure ended on a fitting note. Over the past six months or so we've seen the U.S. auto sales market ...
J.D. Power and Associates predict even lower U.S. vehicle sales Michael Harley
We really didn't expect good news... J.D. Power and Associates, the global information services company who seem to have highly regarded insight within the industry, is predicting auto sales this year ...
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U.S. car sales in the doldrums to infinity until 2012 and beyond 10 months ago on Autoblog
There were about three million fewer cars sold in 2008 than 2007. Based on 2007's numbers, it would be the same as if Acura, Audi, BMW, Chrysler, Dodge, Jeep, Lexus, MINI, Porsche, and Saab all closed their doors in 2008. In terms of pure automotive carnage, that's not the kind of damage you can ...
By The Numbers - 2008: Phew! Glad That's Over Edition 10 months ago on Autoblog
We didn't know sales for the U.S. auto industry in 2008 would be this bad when the year began, but it sure ended on a fitting note. Over the past six months or so we've seen the U.S. auto sales market nearly collapse and almost take our own domestic auto industry with it. Nevertheless, there were a ...
J.D. Power and Associates predict even lower U.S. vehicle sales 1 year ago on Autoblog
We really didn't expect good news... J.D. Power and Associates, the global information services company who seem to have highly regarded insight within the industry, is predicting auto sales this year to hit short of their original estimates. According to the firm, declining consumer confidence, ...
Autoblog Podcast #154: Gobbling up the News
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