It’s not looking good for the French as their industrial woes deepened further. Car sales have dramatically crashed raising concerns about the impact this will have on the economic crisis.
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Posts Tagged ‘economic crisis’
French Car Sales Add to Economy Collapse
More Car Plant Closures in Europe
Yesterday was essentially a day of reckoning for the European car industry as it was announced that yet another plant was to close. The Ford plant is the third closure this year and is set to add to the debt crisis and rising unemployment levels.
Market Stays Strong for Muscle Cars
Despite the economic downturn, car enthusiasts everywhere are still shelling out for expensive muscle cars. Vintage models like this 1967 Corvette 427 Convertible are still proving popular.
Economic Crisis Affects UK’s Forecasted 2012 New Car Sales
Thanks to the deteriorating financial situation Britain’s car makers are writing off 40,000 new car sales from their 2012 forecasts.