oil prices may be steadily dropping, but tightening credit markets and slumping consumer confidence have continued to keep americans away from auto dealerships.
auto industry girds for more weak sales
new york -- the auto industry is preparing to report yet another month of rapidly slowing sales -- possibly the worst in decades -- as the same toxic combination of the credit crunch and the careening economy continue to keep consumers away from dealerships.
bush backs faster access to loan guarantees for auto makers
the white house accused democrats of gridlock by also insisting on tapping into the financial industry bailout fund to help the auto makers.
october auto sales may have hit two-decade low
detroit (reuters) - u.s. auto sales are expected to plunge to the lowest levels of the year in october and possibly the slowest running rate in two decades, with no certainty of when consumer confidence will return.
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