Happy New Year, Car sales suck! GM is reporting US sales in December is down 31% compared to a year ago. Ford is down 34% along with Chrysler at 53%. However, don’t feel sorry for the Big Three in the US, the Big Three in Japan didn’t do much better. Nissan is down 30%, while Toyota is down 36%. Honda was even down for the sixth straight month.
So the economy is going down the drain and nobody is buy cars. It’s that simple!
Source:autonews.com
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