
Friday June 03, 2005
Die SUVs Die!!
This article belongs to the GM, Ford and Chrysler bankruptcy watch story arc.
sfgate.com, peakoil.com -> greencarcongress.com :
US Sales of Full-Size SUVs in May Drop 25%
Combined sales of full-size SUVs in the US dropped 25% in May, compared to the same period last year ... according to company reports, combined sales of full-size SUVs (models longer than 193 inches) dropped to 135,137 units during May 2005, down from 180,808 the year before.
... again, Ford and GM are suffering especially. That financial pain comes despite some solid successes for both automakers, such as the Ford Mustang, which rose 47% on the month to a robust 19,721—now outselling the Chrysler 300 ... that doesn't offset the huge void left by the cratering of the full-size SUV sales—hence the credit downgrades that have been in the news.
See also :
1. GM, Ford debt cut to junk status
(2005-06-03 22:19:10 SGT)
[Biz]
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