car sales

IndustryTerm

New York Post, 06.01.09 11:34 UTC

CAR-NAGE! DECEMBER AUTO SALES CRASH & BURN

Last updated: 1:44 am January 6, 2009 Posted: 1:36 am January 6, 2009 The worst-stalled car sales in 15 years are punishing automakers across the globe, spreading billions in new red ink to Detroit, ...

Pittsburgh Post-Gazette, 06.01.09 05:39 UTC

Car sales hit a brick wall at year's end

Yesterday was Black Monday for the North American auto industry. General Motors Corp. reported December sales dropped 31 percent to a 49-year low, while Chrysler's monthly sales plummeted by 53 ...

guardian.co.uk, 06.01.09 01:01 UTC

UK braced for bleak news as global car sales fall

. The crisis in the global car industry was underlined today with a further round of plunging sales figures from key markets around the world. In Japan , sales of new vehicles slumped by 22% last ...

BBC World News, 05.01.09 22:04 UTC

Steep sales drop for US carmakers

US carmakers have reported sharp falls in December car sales in another sign of the impact of the economic slowdown.

Daily Mail, 05.01.09 20:00 UTC

Now spectre of negative equity stalks thousands of CAR owners

Plunging car prices are leaving thousands of UK motorists in 'negative equity' on their vehicle loans, experts warned today. The problem is happening because the original predicted future values on ...

Times Online Business, 29.12.08 17:33 UTC

Japanese insurance groups edge towards three-way merger

A trio comprising some of Japan’s biggest insurance companies is in negotiations towards a three-way merger that would create a nearly unrivalled giant in the sector, say sources close to the ...

Times Online Business, 27.12.08 22:33 UTC

Car retailer Pendragon halts IT sale

STRUGGLING car retailer Pendragon has quietly shelved the sale of a software subsidiary it hoped would raise cash to buy it time in negotiations with its banks. Last month The Sunday Times revealed ...

Times Online Business, 25.12.08 18:02 UTC

GM becomes a bank to gain access to more funds

General Motors (GM) has gained access to billions of extra dollars in US Government assistance when the Federal Reserve approved an application for the struggling car maker's finance arm to become a ...

Belfast Telegraph, 23.12.08 03:02 UTC

World’s biggest car firm prepares for a £1bn loss

The crisis facing the world's largest car-makers intensified yesterday as Japanese giant Toyota, which last year reported record profits, forecast its first-ever annual operating loss. The world's ...