Steep sales drop for US carmakers
US carmakers report sharp falls in their sales in December as the economic slowdown drives customers away from showrooms.
Steep sales drop for US carmakers Slump hits India’s car industry Waitrose sees festive sales soar Japanese vehicle sales plunge 22% French carmakers get 6.5bn euros Huge sales attract more shoppers US car firms report sales slump Sharp decline in US retail sales US home sales see surprise rise China factory output dips further BMW sales down but Mini sales up Yahoo makes a loss as sales slip Bonds slump under new debt sales Shares fall after US banking plan German industrial output plunges Euro inflation hits two-year low US trade deficit at six-year low eBay sees profit and revenue drop Shoppers hit post-Christmas sales US retail sales unexpectedly rise Christmas sales in US disappoint Toyota sales plunge in November GM loses top sales spot to Toyota GM loses top sales spot to Toyota Wal-Mart’s January sales impress Amazon profits from festive sales US new home sales at 17-year-low Bonds rise on jobs report Avoiding steep IRA fees Wedding blues Alcoa cuts 13,500 workers’ jobs German retailer cuts 15,000 jobs ‘Unprecedented’ fall in air cargo Dollar up versus euro and pound Oil falls further as demand slows Rio Tinto shelves mine expansion Crisis ‘to trap 53m in poverty’ German billionaire kills himself Weak economy hits British Airways Bush unveils $17.4bn car bail-out Toshiba eyes Fujitsu disk outfit Free future Fuel prices drop, but airfares don’t Oil prices drop as US stocks rise GE reports sharp drop in profit Intel reports sharp profit drop Millionaires? Try $700,000-aires Bonds edge higher on job woes Sharp to cut 1,500 jobs in Japan Shell hit by falls in oil price