Dow's downfall: Cash shortfall--Automakers' downfall: Better cars

摘要

The global financial crisis is having a pronounced impact on the North American automotive industry. U.S. vehicle sales are down about 13 percent for the year through September. There's no shortage of ominous signs pointing the way to more of the same in the future. Many forecasters predict a 2009 sales level of about 13.5 million units; Therefore, relief is not in sight.