January,Auto,Sales,Provide,Dis car January Auto Sales Provide Dismal Outlook
In the shape of the design, the Core wing broke through the traditional appearance of the other models, the Core-wing sense of movement and high-level sense of the high degree of balance, which must be improved, both in the interior styling General Lee: For such a TSP platform, indeed, is the test of the ability to integrate the same time, just She always has been mentioned in the business platform is a completely independent intellectual property platform and our platform is t
The economy is facing a long road ahead, and car dealers and theautomakers are struggling to maintain momentum. Consumers dont havethe spare cash on hand to afford new cars. Meanwhile, Pontiac Pittsburghknow all too well that financial institutions are simply not eager tolend money, hampering car dealers ability to sell more cars.General Motors salesfell 49% in the month of January, creating a terrible start for theembattled automaker as it's busy reorganizing. Additionally, Chrysler,who also is undergoing organizational changes, saw sales fall to abouthalf the amount from what they were last January.Japanese automakers were a little more fortunate than domesticautomakers, but certainly not immune to the dearth in consumerconfidence, acknowledges one Pittsburgh Honda dealer. Toyota and Nissan sales dropped by about 30% in January.To put these sale declines into perspective, in January 2008 theautomotive industry sold a total of just over a million cars. January2009 saw that number drop to 656,976. Thats a huge drop in new carsales, and as each month passes, those numbers seem to be on a slow yetsteady decline. The total sales in January are the worst since June of1982.Although consumer spending is down, Westminster Toyota dealersaysthere are other areas that weighed heavily on the automotive industry.Specifically, fleet sales and rental car sales have plummeted, asbusinesses are cutting back, and consumers are traveling less. Whilefleet sales are typically low-profit, they make up a substantial chunkof overall sales. Declines in fleet purchases also means that moreinventories may be sitting idle warns Orlando Chevrolet dealers. In fact General Motors saw a decline of about 80% in January - the lowest fleet sales level since the mid 1970s!With numbers for January of 2009 already looking grim, many dealersand industry analysts are expecting it to be a bad omen, and a sign ofa long and tough year ahead. Sales need to be improved to facilitatethe success or reorganization plans underway at the Big Threeautomakers, but Newark Ford dealers and others wonder if that is possible in the near-term.Despite the grim picture, there are plenty of dealers like Hartford Nissan dealers that remain optimistic. Regardless of low sales, January is normally a low sales month. Additionally, it is hoped by Louisville Chevythat the stimulus provided to the automakers by the federal government,and loosened credit, will give the Big Three in particular the abilityto do business more effectively in the long run.Among the ways the automakers and dealers are dealing with thesluggish sales is by offering incentives to car buyers. Specifially,car buyers can expect employee pricing at Hartford Chrysler dealers and other Chrysler stores, while dealers may be offering zero percent financing such as at Kingston Toyota dealers.Many buyers can also get their hands on cash back incentives. These areall efforts to entice consumers into showrooms, and thus far it has hada marginal effective overall.Despite declines, there have been some automakers that have seengains in January. Among these few instances is Hyundai, which posted a14% sales increase. Hyundai is currently offering a unique incentive,providing new car buyers with the Hyundai Assurance Program,enabling consumers to return their vehicles should they lose their jobor otherwise cannot make the payments. It is hoped that this programmay help spur sales among frugal new car buyers at Hyundai Boston and elsewhere as the economy weighs heavily on consumers' minds.Another automaker that saw gains in January was Subaru. Driven largely by its recently redesigned 2009 Subaru Forester, which saw sales gains of about 115%, Subaru has seen its second straight month of sales gains.Other sales numbers include a 32% dip for Toyota, a 30% decline for Nissan, and a 28% drop for Honda.
January,Auto,Sales,Provide,Dis