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To: MythMan who wrote (383316)3/31/2009 8:14:53 PM
From: Giordano Bruno  Read Replies (1) | Respond to of 436258
 
–March’s figures on automotive sales are due for release Wednesday, and they’re not going to be good. Not when Ford Motor and General Motors once again offer big incentives to try to jump-start sliding vehicle sales, which are expected to come in at a dismal rate – around 9.5 million in seasonally adjusted annual sales. Fritz Henderson, the new CEO of GM, said at a press conference that no auto maker can be successful with annual sales at that level, necessitating big efforts to “bring customers back into the equation.” That seems to involve to giving away as much as possible.