Auto Sales Collapse, GM At 49 Year Low

It was a grim December across the board for Automakers as GM’s 2008 U.S. Sales Plummet to 49-Year Low; Toyota, Honda Fall.General Motors Corp ... t overcome the weight of consumer pessimism and tight credit in the world’s biggest auto market. Ford’ [more...]

Date: 2009-01-05 19:27:00

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Toyota Forecast Operating Loss For The First Time IN 71 Years!

Hammered by fading global demand and surging yen Toyota Motor Corp. has forecast an annual loss for the first time in its 70 year old history ... , squeezing credit and consumer sentiment. “This is very, very, very bad,” said Koichi Ogawa, chief ... an emergency. The world’s biggest car maker had been expected to issue its second profit warning [more...]

Date: 2008-12-23 09:44:11

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