US Auto Sales to Continue to Plummet in 2006-2007

Many automaker industry analysts are starting toconsuming cars to automobiles more suited in the
give dire predictions for auto sales in 2006-2007 andhigher gasoline priced environment.Unfortunately the
say things could continue to get worse and slip evenbig issue is that the more fuel economic cars are not
more. US Automakers fear increased competition andas profitable as the SUVs, large mini-vans and such.
increased market share losses from the JapaneseAnd as August sales results come in it does appear
imports and the future Chinese cars as well. Much isthat the market has totally bottomed out and was
being blamed on the obvious; high fuel prices.Yetcompletely flat. Ford has cut production over 20%
even as we speak crude oil has dropped to underand General Motors has cut production by nearly
$66 per barrel from its recent highs of over $75 per12% and things do not look any better for the forth
barrel. But US Automakers are not alone the Industryquarter warn US Automakers so stay tuned and we
Wide Market in the US is also down around 4%. Ofshall see?"Lance Winslow" - Online Think Tank forum
course we know the issues with General Motors andboard.
Ford as they try to move from high-gasoline