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    UK scrappage scheme fails to stop car sales slide

    06/20/09 08:47

    The British government may have slightly increased local confidence in the country's automobile industry by introducing its £300 million car scrappage scheme, which gives owners of vehicles older than ten years old a cash incentive of £2000 when they trade their vehicles in, but this has not stopped automobile sales to continue its slide down.

    Read more: UK scrappage scheme fails to stop car sales slide [click]


    Tags: car sales •
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    Car sales shows signs of stabilizing -WSJ.com

    06/05/09 14:19
    US car sales may have fallen down by an estimate of 35% last May, but signs of stabilization are already set up as big automobile makers such as Toyota Motor Corp., Ford Motor Corp., and General Motors Corp. showed their highest monthly sales record for this year.

    Read more: Car sales shows signs of stabilizing -WSJ.com [click]

    Tags: car sales • ford • toyota • general motors •
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