Drop in US sales (41.3%) which results to plunge of GM and Ford
In February top six US automakers plunge more than 37% where it’s the worst month since December 1981. Efraim Levy an analyst stated in a report that automotive industries are in high automotive depression among the great recession.
All the shocked customers scared for their jobs, the value of their homes and stock market assets are cautious of making the sizable.
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