Oh man, the car industry really must be in the shitter, because here I am writing about it again and you all know how interesting I find this topic. Interesting or not, today’s industry news frightens the crap out of me and it should cause you to run to the crapper too.
October’s sales have dropped by a whopping 32% over October 2007.
In the last few months, there have been bright spots and here in Canada, there are even a few improvements but south of the border the results are astoundingly poor.
To give you an idea, here are the drops by manufacturer by percentage:
Aston Martin -18.6%
BMW Group -5%
Chrysler LLC -24.5%
General Motors -45.1%
American Honda -25.2%