Archive for February, 2009

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Car Sales in Australia Down 18.5% in January

By Stuart Livesey on Feb 04, 2009 in General

The continuing impact of the global financial crisis forced a downturn in new vehicle sales during January but the industry hopes new fiscal measures will help stabilise the market.
Official VFACTS data released by the Federal Chamber of Automotive Industries (FCAI) shows that 67,079 passenger cars, SUVs and commercial vehicles were sold in January – down [...]

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US Car Sales Plummet

By Stuart Livesey on Feb 04, 2009 in Ford USA, General Motors, Nissan, Toyota

Well we knew that was happening anyway but just how bad has the drop been in January?
Reuters is reporting that Ford’s sales in January are down 42.1 percent. General Motors has reported a drop in January sales of 49 percent, Toyota has dropped 34 percent and Nissan is down around 30 percent.
Now let’s wait and [...]