Thursday, November 03, 2005

Links on Detroits Woes

As a followup to some of the things I have written about Ford and GM recently I wanted to post a link to this article on Oct. auto sales. SUV sells are in free fall.
Ford Motor and General Motors led Detroit's worse-than-expected 10.9% sales decline during October to an annual pace of 14.7 million units, led by a 35% free fall in sport utility vehicles. Detroit relies on SUVs for about half its unit sales, a much higher percentage than foreign automakers.
The month was Detroit's worst in seven years.
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