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Light-vehicle sales in the U.S. are expected to continue their decline in 2009. Global Insight, a firm that has been forecasting sales since the 1960s, is predicting sales of 13.4 million units next year. That figure is slightly down from the 13.8 million units automakers are expected to sell in ...
Toyota's bet that it could sell more vehicles in 2008 than in 2007 may not have been a wise one. Though Toyota's hybrid models and small cars are selling very well in the U.S., sales of pickups and SUVs have truly tanked, and Toyota had been counting on those sales just as much as its competitors. ...
General Motors' market guru, Paul Ballew, predicted Tuesday that total U.S. auto sales will decline in 2006, weighed down by higher interest rates and rising gas prices.GM is trying to stem the tide by launching a zero-percent financing offer on many 2006 models. The limited-time offer runs from ...