Friday, October 31, 2008

October sales may be lowest in a quarter century
But some data suggests worst may be over
DETROIT -- Detroit's automakers may have dragged U.S. auto sales to their lowest levels in 25 years this month as benefits from plunging gasoline prices failed to make up for tight credit and skittish consumers.
The industry will report sales on an annual basis of as low as 11 million vehicles, George Pipas, a sales analyst at Ford Motor Co., told reporters today. His forecast echoes those of ...
arrow story Published: Oct 31 2:33 pm U.S. Eastern time [REG]

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