As per the US Automobiles sales report announced has shown no improvements in the sales of entire Automobile industry.
The Actual sales of the Automobiles is just with the Low and Mid range vehicles and cars, As a result there is a steep decrease of 40% in the sales of automobiles.
Major Automobile companies Chrysler and General Motors, entered Bankruptcy protection on Thursday. It was because Chrysler had 48% decline General Motors had 33% decline in sales.
Honda motors had a lesser decline of 25% which ensured its strength.
The Ford has come up stronger with the record sales of Fusion sedan, even though it had a slump of 33%.
Hyundai sales dropped just by 14% (best in US automobile industry). the main reason was sales of Accent went up 26% and Sonata by 7%.
Lets pray to God for all the bad times to be changed.
Cheers!!!
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