Auto Dealer NewsAuto Dealers news continually updated from thousands of sources around the net.New Analysis Shows Car Sales Take a Dive- July 3, 2008 As the economy continues to suffer, auto makers are struggling. That trickles down to car dealers who have also seen sales slow dramatically.http://www.topix.net/business/auto-dealers/2008/07/new-analysis-shows-car-sales-take-a-div... Video: Car sales nationwide plummeted in June- July 3, 2008 Sales of new cars and trucks plunged to their lowest level in more than a decade in June, as high gas prices and a weak economy kept American consumers away from dealer showrooms.http://www.topix.net/business/auto-dealers/2008/07/video-car-sales-nationwide-plummeted-in... Honda grows while US auto industry falters- July 2, 2008 When consumers astonished the U.S. auto industry two months ago by quickly shunning trucks and going for gas mileage, the biggest beneficiary ended up being Honda Motor Co.http://www.topix.net/business/auto-dealers/2008/07/honda-grows-while-us-auto-industry-falt... GM needs $15 billion, bankruptcy an option: Merrill- July 2, 2008 Merrill Lynch analyst John Murphy said in a research note he cut GM to "underperform" from "buy" and lowered his price target for the largest U.S. automaker to $7. Shares of GM fell more than 4 percent to ...http://www.topix.net/business/auto-dealers/2008/07/gm-needs-15-billion-bankruptcy-an-optio... Subaru's Progress Remains Undaunted - Up 5% For June- July 2, 2008 Subaru of America, Inc. today reported June sales of 18,007 total units resulting in the company having another month of increased sales.http://www.topix.net/business/auto-dealers/2008/07/subarus-progress-remains-undaunted-up-5... Hyundai Maintains Forward Progress Up 1.3% For June- July 2, 2008 Hyundai Motor America today announced sales of 50,033 for the month of June, a 1.3 percent increase over the same record-setting period last year and best sales month ever.http://www.topix.net/business/auto-dealers/2008/07/hyundai-maintains-forward-progress-up-1... Money Minute: Grasso, Auto Sales, Wal-Mart- July 2, 2008 Ford, General Motors and Toyota all posted lackluster sales for June as a sluggish economy and poor sales of trucks and SUV's crimped consumers spending power.http://www.topix.net/business/auto-dealers/2008/07/money-minute-grasso-auto-sales-wal-mart... GM stays U.S. market leader- July 2, 2008 GM sold 265,937 vehicles in June, down 18.5 percent before adjusting for three fewer sales days in June than in the same month a year earlier.http://www.topix.net/business/auto-dealers/2008/07/gm-stays-u-s-market-leader?fromrss=1 GM Sales Down, But Better Than Expected- July 1, 2008 Ford Sales Drop 28% In June; Honda Up 13.8% POSTED: 11:19 am EDT July 1, 2008 UPDATED: 2:34 pm EDT July 1, 2008 June won't be the month Toyota eclipses General Motors as the top U.S. auto seller after all.http://www.topix.net/business/auto-dealers/2008/07/gm-sales-down-but-better-than-expected?... Nissan suppliers cut jobs- July 1, 2008 At least 185 automotive supplier workers lost their jobs last week. Seat maker Johnson Controls laid off 142 workers from its plant in Madison, and metal parts assembly company PK U.S.A. cut about 45 employees ...http://www.topix.net/business/auto-dealers/2008/07/nissan-suppliers-cut-jobs?fromrss=1 |