Apparently, new cars are not as important as they used to be.
US December Sales YoY change:
Subaru -7.7%
Mitsubishi -22.6%
GM -31%
Nissan -31%
Ford -32%
Honda -35%
Toyota -37%
Crysler -53%
The World - guess on December Sales YoY change: -40%
Why is world demand slowing relatively more quickly than the US?
Australia December Sales YoY change: -11.3%
Australia Overall 2008: -3.6%
Australia Overall 2009 forecast: -13% - is the industry being realistic this time around?
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