The other shoe finally dropped, as fallout from the mortgage industry and the ensuing credit crisis hit the U.S. auto industry with gusto in February. The market stubbornly held to seasonally adjusted annual rates (SAAR) of more than 16 million units through second-half 2007, despite the nation’s growing economic turmoil. But with January light-vehicle sales falling to a 15.2 million-unit SAAR and February’s annualized sales coming in at just under 15.3 million units, the industry ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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.