Saturday, January 03, 2009

Bloomberg: Auto Sales Due Monday

December 2008 Auto sales data is due out on Monday.

Analyst Expectations (but could possibly come in worse):

- Chrysler down 48%
- GM down 41%
- Ford Down 33%

2008 was the worst year for the auto makers since 1992.

1 comment:

T said...

What makes this a horrifying video is what the infobabe lists as the "good news". She says the bailout has helped ease credit restrictions. What she means is that the bailout has helped people be as irresponsible with their cars as they were with their houses just a short time ago.