Report: Cash for Clunkers Binge Brings September Hangover for Auto Indsutry

Report: Cash for Clunkers Binge Brings September Hangover for Auto Indsutry
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As expected, auto industry sales were way down for the month of September, after record highs posted during the previous month with the Cash for Clunkers program in effect. Compared to September of 2008, GM’s sales declined 45 percent, while Chrysler dropped 42 percent. Ford’s posted just a modest 5 percent loss due in part… Continue Reading...