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And their falling…and falling… and falling... -- Ed.
DETROIT - Consumers frightened by the prospect of losing their jobs stayed away from auto showrooms again in January and sent U.S. car and truck sales falling 37 percent, a familiar refrain for the struggling industry but an unwelcome start to a critical year for U.S. carmakers.
Devastated by an economy in which few people have the spare cash to buy a car or can obtain the financing to do it, Chrysler’s domestic sales for January were less than half what they were a year earlier.
Sales fell 49 percent at General Motors and 40 percent at Ford. Toyota and Nissan’s sales each fell at least… http://www.msnbc.msn.com/id/28996904/ " target="_blank">[Read More]
Even with the "big" discounts the dealers advertise, most cars are still too expensive for the average worker. The affordable cars out there $12-15K are crap and cheaply built.
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