Tuesday, February 03, 2009



Sales Hell
January Sales go Kerplunk!



Chrysler -55%
GM -49%
Ford -39%
Toyota -34%
Honda -28%

Source:ttac.com

Chrysler and GM have two weeks to provide a government a written plan demonstrating their viability. Right now, Chrysler looks about as viable as a Bernie Madoff investment fund. Robert Farago, the big cheese at thetruthaboutcars.com , makes a pretty persuasive argument that the market has shrunk so much that Chrysler needs to be removed from the marketplace to give Ford (and, by implication, General Motors) a chance at survival.

More later.

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