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US auto sales plunge whopping 36 percent in Dec.
By TOM KRISHER Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007. The bleak numbers, according to both industry officials and analysts, mean that record high rebates and low-interest financing deals will stick around until at least ...

US auto sales plunge whopping 36 percent in Dec.
Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007.

Auto sales plunge again in December
Battered by tight credit and the worst recession in decades, industrywide U.S. auto sales plunged 36% from year-ago levels in December, a decline that hit all of the major automakers, both foreign and domestic, and capped the industry's worst year since 1992.

December auto sales dive by 36%
Analysts expect the companies will keep record rebates and low-interest financing deals to move 2008 inventory.

U.S. Treasury releases guidelines on auto financing program
(This article was originally published Wednesday.) WASHINGTON (MarketWatch) -- The U.S. Treasury Department released guidelines Wednesday on a financing program for the ailing automobile industry. The program was rolled out to prevent a significant disruption of the auto industry that could hurt the overall economy. President George W. Bush this month granted $17.4 billion in emergency loans to ...

Japan auto executives hope for US recovery
Japan auto executives gathered for an annual New Year's party Monday expressed hopes for a U.S. turnaround and a strengthening dollar to fix the faltering global market.

U.S. December Auto Sales Dive 36%, Drag Industry to 16-Year Low
Jan. 5 (Bloomberg) -- U.S. auto sales plunged 36 percent in December, dragging the industry’s annual volume to a 16-year low as the recession ravaged demand.