
Wednesday October 05, 2005
Ford, GM SUV sales nosedive
moneycentral.msn.com :
Sales of sport-utility vehicles took a dive in September, dragging down U.S. automakers who were already expecting a consumer payback after a summer of employee-pricing discounts. Gas prices that topped $3 nationwide after Hurricane Katrina didn't help.
The damage:
* Sales of the perennial best-selling SUV, the Ford Explorer, dropped by 58% compared with September 2004. Its larger kin, the Ford Expedition, which gets 14 mpg in city driving, saw sales drop 61%. Ford stopped producing its even larger SUV, the Excursion, last month.
* GM's full-size SUVs, due to be replaced with more fuel-efficient models next year, fell 56%. Sales of its Hummer H2 were off by 31%.
See also :
1. American automakers shift from bad to worse
(2005-10-05 13:11:43 SGT)
[Biz]
Permalink
Most popular blog postings on lowem.log :
1. Singapore SIBOR rate falls to 0.94% in Nov 2008, lowest since Jul 2004
2. Baltic Dry Index falls 93% as shipping rates plunge, signalling global economic collapse
3. Singapore SIBOR rate falls to 1.31%, lowest since Nov 2004
4. Singapore SIBOR interest rates fall to 1.5%, lowest since Dec 2004
5. Live spot gold price quotes chart on COMEX
6. 2010 Honda Civic Hybrid preliminary specifications released
7. Fuel prices seen stoking Malaysia inflation in 2008
8. How to insert currency exchange rates into Google Spreadsheets
Featured articles on lowem.log :
1. ABC Guide to Beating Inflation in Singapore and Elsewhere
2. Singapore inflation rate hits new 26-year high of 7.5% in Apr 2008
3. Baltic Dry Index falls 93% as shipping rates plunge, signalling global economic collapse
4. 67000 China factories closed in H1 2008 as global economic collapse takes hold
5. 2010 Honda Civic Hybrid preliminary specifications released
6. Peakoiler buys 2008 Honda Civic Hybrid FD3
7. NYMEX crude oil recovers from $32.40 low after 2.2 mbpd OPEC production cut announced
8. Singapore SIBOR rate falls to 0.94% in Nov 2008, lowest since Jul 2004
|