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Reuters: Car sales slide shows auto crisis worsening

Started by chris, December 01, 2008, 11:59:17 AM

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chris

Car sales slide shows auto crisis worsening
      


PARIS (Reuters) - The global automotive industry faced a fresh wave of bad news Monday, as data showed drops in Swedish, Japanese and South Korean November car sales, with figures for France, Spain and Italy due out later in the day. Automakers are cutting production as well as seeking help from governments to survive as they battle against the effects of the financial crisis and worsening economic climate on consumer confidence.<div class="feedflare">
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