Glad I'm not selling cars!
Chrysler LLC today reported total November 2008 U.S. sales of 85,260 units, down 10% versus October 2008 (94,530 units), and down 47% from the same month last year.
Ford Motor Co. on Tuesday reported a 30.6% drop in November U.S. vehicle sales, which served as a timely reminder of the brutal sales climate with automakers returning to Capitol Hill in hopes of gaining access to $25 billion in loans.
Toyota posted an even steeper decline, down 33.9%.
General Motors Corp. said Tuesday that U.S. November light vehicle sales dropped 41.3% to 153,404 vehicles from 261,273 a year ago. Chevrolet was the least hit division with U.S. November sales down 36.9% to 95,756 vehicles, and Hummer sales dropped the most with sales down 63.9% to 1,454 vehicles from a year ago. Total U.S. November car sales at GM fell 44.1% to 58,786 units from last year.