You need to upgrade your Flash Player
-$0.09 (-1.03%)
07:09PM (15 mins delay)
Nov 06, 2009 - 4:45 AM EST
Rick Newman submits:As comebacks go, it's an awfully weak one. Annual car sales in 2009 are likely to end up at the lowest level in years, down more than 40 percent from their peak in 2005. The worst months came in the spring, punctuated by the bankruptcy filings of General Motors and Chrysler. The cash-for-clunkers program provided a nice summer boost, but that was followed by a steep dropoff once the giveaway ended and doubts that the subsidies would lead to any net gain at all.
Source: Seeking Alpha (Nov 06, 2009 - 4:45 AM EST)
© 2009 UpDown. All Rights Reserved.
Make a suggestion for this page
Data powered by QuoteMedia (Terms of Use). Data delayed 15 minutes unless otherwise indicated.
