US Auto Sales Fall To Lowest Annual Rate In More Than 15 Years

U.S. auto sales fell to their lowest annual rate in more than 15 years in April as weak consumer confidence and rising gas prices hit the industry's most profitable vehicles hardest.

Sales at Detroit's Big 3 of General Motors Corp (GM.N), Ford Motor Co (F.N) and Chrysler LLC (CBS.UL) -- with their truck-heavy lineups -- were worse than expected, according to data released on Thursday. GM sales fell 23 percent, Ford 19 percent, and Chrysler nearly 30 percent.

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Comments

[Stevelagain]

My wife and I picked up a new car that gets 50% more mileage per gallon than our old car. We also added insulation to the attic, replaced the bulbs with energy savers, turn down our thermostat.

Meanwhile, in China, growth like the world has NEVER SEEN is happening. Almost every week a new dirty coal plant goes on-line in China. 2,000 new cars hit china roads EVERY SINGLE DAY. Shabghai has more skyscrapers than New York City and plans to build another 1,000 by the end of this decade.

Do you get this? We could all give up our cars and it just wont matter. China is coming on line and it needs MASSIVE amounts of energy and resources. You can stop beating up on the US.....China is the new bad boy on the block. While we move to make ourselves cleaner and more sustainable China is in a race to become the biggest, baddest, dirtiest boy on the block.

Gas aint ever going to be cheap again. And you better hope you are wrong about man making global warming terrible because China is going to pump carbon into the atmosphere like you have never seen and you can't stop it.

[willo]

There is some good news. The wealthy haven't slowed down their purchases of Luxury gas hogs. You always have to look for the silver lining.

[Stevelagain]

See my post above. You can stop worrying about "two Americas" and say hello to the real bad boys.

[ErnestineBass]

I wonder how long it'll be before they start installing those anti-carjacking rocker panel flamethrowers on the things.

heh heh

[MilwaukeeDan]

These numbers I can believe. Unlike our government, Edmunds.com is reliable to tell you the truth, good news or bad.

[MetalCanuck]

Things are about to get real bad, get out of the dollar.

[Stevelagain]

Actually we are seeing some signs the dollar may have bottomed and the euro topped.

[CaptainHowdy]

Written by Jack Bernstein back in 1985...

http://www.jackbernstein.org/

As the collapse of Israel draws near, one of two courses of action by the New York/Moscow/Tel Aviv Triangle is likely to be taken:

1. Israel could trigger a large scale Mideast war, a large war which Israel could not win alone. Then the New York leg of the New York/Moscow/Tel Aviv Triangle would use its influence on the U.S. Government to send U.S. military forces to aid Israel.

----------

At some point during the war, when the U.S. military is deeply involved and the U.S. citizens demoralized, the Zionist oriented Jewish International Bankers will make their move. Evidence leads to the conclusion that it is these bankers who own the Class A Stock of the U.S. Federal Reserve, America's central bank. In this position of power, these Zionist bankers, can, and likely will, trigger an economic collapse in America " like they did in 1929 when they caused the stock market crash and started the severe depression of the 1930's.

[Stevelagain]

I hate racists, don't you?

[wadenelson1]

Just the beginning. Within 5 years a significant portion of the US population will no longer be able to afford to drive, at least not solo.