Recently, Barack Obama used Ford as the stage to deliver his speech to declare that the government intervention at GM and Chrysler produced a rescue of the domestic auto industry and pointed to restored sales as proof.
HOWEVER, [Bloomberg]U.S. auto sales in August probably were the slowest for the month in 28 years as model-year closeout deals failed to entice consumers concerned the economy is worsening and they may lose their jobs.
Industrywide deliveries, to be released tomorrow, may have reached an annualized rate of 11.6 million vehicles this month, the average of eight analysts’ estimates compiled by Bloomberg. That would be the slowest August since 1982, according to researcher Ward’s AutoInfoBank.
Answer by michelle34231 at 2:32 PM on Aug. 31, 2010
Answer by UpSheRises at 2:41 PM on Aug. 31, 2010
Answer by gertie41 at 2:44 PM on Aug. 31, 2010
Answer by lovinangels at 2:51 PM on Aug. 31, 2010
Answer by crystalhuskey at 3:00 PM on Aug. 31, 2010
He's clearly not wanting to tell the truth about what he knows is really happening because it will make him look bad and his approval rating will sink even lower.
Answer by SylviaNCali at 4:02 PM on Aug. 31, 2010
Next question overall
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