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Old 11-30-2007, 01:21 PM   #1 (permalink)
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Weak Auto Sales Expected for November

Weak Auto Sales Expected for November
Consumer Confidence Likely to Hurt November Auto Sales

DETROIT (AP) -- Nervous consumers are expected to make November another sluggish month for auto sales despite holiday discounts and a handful of runaway hits such as the new Chevrolet Malibu.

Consumer confidence has fallen for four consecutive months and the November reading, recently reported by the Conference Board, was at its lowest level since 2005, when gas prices soared after Hurricane Katrina.

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http://biz.yahoo.com/ap/071130/auto_...look.html?.v=1
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