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The impact of the global financial crisis of 2008 on the automobile market in the U.S with a decline in sales of 37% in Jan. 2009
02/04/2009
Over a third of car sales simply disappeared as the bottom fell off the automobile market by Jan. 2009- a scary period for auto companies and Detroit. The losses were worse for American companies- 55% for Chrysler, 49% for GM, and 40% for Ford Motor. Losses at Toyota were 32%. This was a disaster for the auto companies, especially Detroit.
Grouped Articles
Auto Sales Start 2009 at an Abysmal Pace
New York Times 02.04.2009
Chrysler’s Fall May Help Administration Reshape G.M.
New York Times 05.03.2009
Obama's auto team makes the right moves
Detroit Free Press 05.04.2009
The Real Reason Ford Is Phasing Out Its Sedans
WSJ 05.03.2018
Ford Will Drop Focus and Fusion Sedans in North America
The New York Times 04.25.2018
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