Not surprisingly, November was a bad month all around for car manufacturers:
DETROIT — Despite unprecedented discounts on many models, November was the worst month yet in a horrible year for vehicle sales in the United States.
Sales fell 41 percent at General Motors, which began its year-end clearance sale several weeks early and 33.9 percent at Toyota, which offered record-high incentives. Honda’s sales declined 31.6 percent, and Ford’s fell 30.6 percent. BMW said its sales dropped 26.8 percent. Chrysler sales fell 47 percent.
“Every manufacturer is posting awful numbers and we are no exception,” Mark LaNeve, G.M.’s vice president for North Americas sales and marketing, said in a statement.
Over all, G.M. and Ford estimated that industry sales plunged about 35 percent.
This continues a trend that started in September, continued in October, and seems to make those predictions of a disastrous year for the entire auto industry even more credible.
