Tuesday, December 02, 2008

And the bottom falls out...

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. This compares to Ford off 31%, Honda off 32%, Toyota off 34%, and GM off 41%.

Note the Honda and Toyota sales figures. This is *not* a Big Three problem. This is an industry-wide problem. Chrysler and GM have been hit especially hard, but nobody else is selling sh*t either.

-- Badtux the Economics Penguin

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