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General Motors has reported a 41 percent drop in overall US sales for November, saying continued economic uncertainty was hurting consumer confidence.
General Motors dealers in the United States delivered 154,877 vehicles in November, down 41 percent compared with a year ago. GM car sales of 58,786 were off 44 percent and truck sales of 96,091 were down 39 percent.
WASHINGTON - A government audit says the Treasury Department needs tougher controls to oversee the $700 billion financial bailout package.
General Motors' November U.S. sales plunged 41 percent, while Ford's dropped 31 percent, dashing hopes that the industrywide drop in vehicle demand might be easing as Detroit's automakers prepare to state their second case for a federal bailout.
OWOSSO - While many residents in the city were still working on cleaning the leaves and brush from the autumn, winter decided to drop in early.
NEW YORK — General Motors' November U.S. sales plunged 41 percent, while Ford's dropped 31 percent, dashing hopes that the industrywide drop in vehicle demand might be easing as Detroit's automakers prepare to state their second case for a federal bailout. Their overseas rivals posted abysmal results as well. Toyota's November sales tumbled 34 percent, and Honda's fell 32 percent. A dreary ...
Dec. 2 (Bloomberg) -- General Motors Corp. , Ford Motor Co. and Toyota Motor Corp. said November U.S. sales tumbled more than 30 percent as the recession and Detroit automakers’ aid pleas kept buyers away from showrooms.
TORONTO — — Nova Chemicals said Tuesday that it plans to cut capital spending for the rest of this year and through 2009 as it tries to cope with a crushing downturn in the global economy.
General Motors' November U.S. sales plunged 41 percent, while Ford's dropped 31 percent, crushing hopes that the industrywide drop in vehicle demand might be easing as Detroit's automakers prepare to state their second case for a federal bailout. Their overseas rivals posted abysmal results Tuesday as well. Toyota's November U.S. sales tumbled 34 percent, and Honda's fell 32 percent.
General Motors' November US sales plunged 41 percent, while Ford's dropped 31 percent, dashing hopes that the industrywide drop in vehicle demand might be easing.
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