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Auto Sales At Low
Analysts: Sales Hurt By Gas Prices, Weak Economy
POSTED: 10:04 am EST December 29,
2007
UPDATED: 10:11 am EST December 29,
2007
SAGINAW, Mich. -- Auto industry analysts predicted a slow end to an already dismal year for automakers.December sales for the Detroit Three are expected to fall about 4 percent, analysts predicted.Japanese automakers also are expected to see lower sales in December, they said.Sales have been hurt by consumer anxiety over gas prices, the housing crunch and the overall weakening economy.Industry watchers warned that the 2008 auto sales performance could be even weaker.
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