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.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.