| Considering the dire situation that both General Motors | | | | the bad news in the sector and manufacturing in |
| and Ford are currently, as well as the recent | | | | general, well that is some pretty good news. The bad |
| bankruptcy filing of Delphi Automotive Group one has | | | | news is that Ford was down by 5 percent and GMs |
| to wonder if there is any good news for United States | | | | over all sales down by 4.3 and most of this was due |
| Auto Makers as we move into a New Year. Indeed | | | | to foreign competitors. |
| there is and the great news for US Auto Makers is | | | | Toyota is up 9 percent and Honda is up almost five |
| that over 16.9 Million Cars were sold in 2005. This is of | | | | percent over last year. Daimler Chrysler and its |
| interest because if so many cars were sold and sales | | | | divisions were up 4.2 in 2005. Currently there are few |
| so robust, why is the Industry in such horrific shape? | | | | predictions yet for what the US Auto Makers can do |
| Both Ford and GM announced lay offs in the | | | | in 2006, but one thing is for sure; there will be heavy |
| neighborhood of 60,000 jobs at a time when car sales | | | | discounting, lay offs, incentives on new cars and fewer |
| are actually up on the year by 0.4%. | | | | models to chose from due to factory closings and a |
| US auto sales had beaten projections of 16.8 million | | | | few new hybrid models to wet the consumer appetite |
| auto sales with total sold in 2005 of 16,912,553 which | | | | for the future of automotive technology. More on this in |
| beats the 2004 four numbers by just under a half a | | | | 2006. |
| percent from December of last year. Considering all | | | | |