Auto sales face steep decline for American Cars
According to Wired News
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Portland, Maine (WiredPRNews.com) — So far in the month of June, auto sales have seen a remarkable decline as Americans virtually shunned SUVs and pickups due to the ever-increasing fuel prices amidst the weak economy. Due to rising gas prices, there has been a sharp decline in the ticket price of new vehicles as automakers have an insufficient supply of fuel-efficient cars.
The readings of sales from Autodata showed plummeting sales with an annual rate of 13.6 million vehicles sold on a monthly basis in comparison to 14.3 million sold during the month of May indicating poor sales across the board. According to the survey, these statistics set a record for weakest sales in quite some time. Read the rest of this entry »
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