DETROIT – GM dealers in the United States delivered 282,732 vehicles in March, a decrease of 13 percent when compared with the same month a year ago. For the first three months of 2008, GM total sales of 805,720 vehicles were down 11 percent compared with a year ago. Retail share appears to have remained stable throughout the month and the quarter.
This is a bad for GM. Keeping this up (or down) should put Toyota and others on the edge of their seats. Toyota and other manufacturers such as Honda, BMW, Mercedes Benz and Nissan are doing well but this kind of decline from General Motors does non readily translates to better markets for them. This kind of downward trend could mean that the economy is weak and could affect all players in the game.
Wednesday, April 2, 2008
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