Newsmeme!
Discover News you didn't know existed

• home
• news
• tagging
• how it works
• about
• data

Reserve

News

Recession-hit automakers brace for grim US sales

Published December 2, 2008, 8:41 am, Muzi

WASHINGTON - Walloped by the recession, automakers' U.S. sales are plummeting as hard-to-get credit, job losses and other stresses make many Americans wary of taking on big-ticket financial commitments.

Full Story

Tags

No tags found at this time. Be the first to tag this news item, learn more.

Imagery

Related Reserve Stories

From Various News Sources

Shares sink as US recession confirmed - Guardian Unlimited
A board on the floor of the New York Stock Exchange shows the closing number of for the Dow Jones industrial average on Monday. Photograph: Richard Drew/AP Confirmation that the US is in recession shook Wall Street yesterday, ending the Dow Jones ...

U.S. Automakers, UAW to ?Genuflect? to Split Congress (Update3) - Bloomberg
Dec. 2 (Bloomberg) -- General Motors Corp. , Ford Motor Co. and Chrysler LLC, running out of money to operate, must convince a divided Congress that their plans to shrink are severe enough to ensure repayment of $25 billion in proposed U.S. loans. GM ...

Recession-hit automakers brace for grim US sales - San Francisco Examiner
WASHINGTON ( Map , News ) - Walloped by the recession, automakers' U.S. sales are plummeting as hard-to-get credit, job losses and other stresses make many Americans wary of taking on big-ticket financial commitments. Auto sales for November ...

Sears posts 3rd-qtr loss due to charge, weak Kmart and Sears US ... - Minneapolis Star Tribune
Big Three automakers to submit plans to Congress GM says this time CEO will drive to D.C. to appear before Congress Recession-hit automakers brace for grim US sales British Airways in merger talks with Qantas Somali pirates: Arms ship to be freed in ...

Amid recession, automakers' November sales numbers expected to ... - Minneapolis Star Tribune
Most Americans sorely knew it already, but now it's official: The country is in a recession, and it's getting worse. Why did it take the NBER nearly a year to realize the economy was in a recession? NBER is chaired by Robert Hall, a member of the ...

NEWS CATEGORIES - Bridgeton News
WASHINGTON (AP) ? Walloped by the recession, automakers' U.S. sales are plummeting as hard-to-get credit, job losses and other stresses make many Americans wary of taking on big-ticket financial commitments. Auto sales for November, released ...

Taiwan chip-maker TSMC lowers sales forecast - Salon
Dec 1st, 2008 | TAIPEI, Taiwan -- Taiwan Semiconductor Manufacturing Co., the world's largest chip contractor, lowered its fourth quarter sales forecast by 8.6 percent, as the global economic slowdown continued to cut demand for wafers. Revenue for ...

Court dissolves Thai government for election fraud - Salon
Dec 1st, 2008 | BANGKOK, Thailand -- Thailand's Constitutional Court has dissolved the main ruling party and banned the prime minister along with 36 party executives from politics for 5 years. The ruling sinks Prime Minister Somchai Wongsawat's ...

MISSING TITLE - Added 1 day ago - Town Hall
Sen. Arlen Specter, R-Pa., says he's ready for a tough re-election race in 2010, whether it's against MSNBC pundit Chris Matthews or someone else. Specter, 78, declined to speculate on whether he would face Matthews,... Palin campaigning in Ga. for ...

Dow plunges on news recession began in Dec. 2007 - MSN MoneyCentral
Bank of New York Mellon Corp ( BK ) Stock Quote , Chart , News , Add to Watchlist WASHINGTON (AP) - Most Americans sorely knew it already, but now it's official: The country is in a recession, and it's getting worse. Wall Street convulsed at the news ...

Related Social Bookmarks

None found at this time.