Prognosticators last year were looking for the U.S. auto industry to slow in the wake of the ongoing housing-market crisis, yet despite the gloomy forecasts light-vehicle deliveries finished 2007 at a healthy 16.1 million. Today, analysts are having a hard time being pessimistic enough, with sales tumbling at an alarming rate during the final stretch of 2008. October’s U.S. passenger-car and light-truck sales finished just under 835,000 units, the lowest total since January 1991. That ...
Premium Content (PAID Subscription Required)
"Dismal October Sales Set Scene for Worst Year in Decades" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.