Friday, July 4, 2008

Auto Industry

Unquestionably, the auto industry is in crisis. My beloved Corvette is not selling as well as the same time period last year being down to 16,839 cars produced this year through June 14 versus 17,953 through June 16, 2007. Results for cars produced in North America follow*:
Corvette (- 6.2%)
Mustang (-30.2%)
Jeep Commander (-56.7%)
PT Cruiser (-47.0%)
Hummer H3 (-67.9%)

*Source - Automotive News June 16 edition.

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