GM announces that its U.S. sales were down 45% from the previous March; other major car markers drop at least 36%. Some in the industry, though, see positive signs. Each of the largest automakers today reported U.S. sales declines in excess of 36% for March as the slumping economy continued to keep buyers out of dealerships, deepening the industry's woes.
Another dismal month for auto sales
March proved to be another dismal month of steep declines for U.S. auto sales, as low consumer confidence and job uncertainty kept buyers away from showrooms.
Tata will bring Nano back to Singur: W Bengal official
West Bengal today claimed that the world's cheapest wheels, Nano, will be made in Singur, although car maker Tata Motors had stomped out of the eastern Indian state in a huff last year.
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