This newest Auto Industry Dashboard contains latest information on U.S. auto industry, consumer behavior, and coverages on various industries affecting current economic conditions.
- THE ECONOMY SHOWS SIGNS OF LIFE
The Dow hits 10,000. The GDP rises by 3.5%, labor productivity increases by 9.5% in Q3 '09.
- YET THE CONSUMER IS STILL LEFT BEHIND
Unemployment reaches 10.2%. Foreclosures are up 23% in Q3. Personal bankruptcies up 9%.
- INDUSTRY SALES RISE YEAR-OVER-YEAR
Cash for Clunkers propel sales above 1 million units. Hyundai gains substantial share in '09.
- GM KEEPS OPEL, SELLS HUMMER
GM's decision creates German union backlash. China's Sichuan Tengzhong acquires Hummer.
- BACK IN THE BLACK!
Most OEMs, auto dealer groups report Q3 '09 profits. Profit tripled at Hyundai, hits $1 billion at Ford.
Download the latest Industry Dashboard from here for more information.