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Old November 20th 08, 02:00 PM posted to rec.autos.makers.chrysler
Paul M. Eldridge
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Posts: 42
Default Bailout for the Big Three?? How will it help??

On Wed, 19 Nov 2008 20:40:02 -0700, Miles > wrote:

>Paul M. Eldridge wrote:
>
>> The real question Chrysler should be asking itself is why its October
>> sales fell by 35 per cent and year-to-date sales are down 26 per cent.

>
>Factor in the overall automotive market drop of all cars sold in the
>USA, foreign and domestic. Asian and European cars aren't doing much
>better in the USA.


True, not a whole lot better, but compared to their North American
counterparts, perhaps as good as can be expected. As of October 31st,
the score card, year-to-date, is as follows:

GM - down 20.4%
Ford - down 18.6%
Chrysler - down 25.9%
Toyota - down 11.5%
Honda - down 3.2%
Nissan - down 6.2%
Volkswagen - down 1.8%
Mitsubishi - down 23.9%
Mazda - down 7.5%
Hyundai - down 7.8%
BMW - down 4.8%
Daimler AG - up 4.7%
Subaru - up 2.1%
Kai - down 5.3%

Source: Autodata

The credit crisis, the sour mood of consumers and a tanking economy
will ensure there's enough pain to go around for everyone but, as we
can see, it won't be shared equally. Sadly, it becomes a matter of
who can best weather the storm and if I were a betting man....

Cheers,
Paul
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