Auto Sales Plummet Again

U.S. auto sales plunged 37 percent in November to the lowest annual rate in 26 years as the recession and Detroit automakers’ aid pleas kept buyers away from showrooms.

Ford’s November sales down 30.6%;

Toyota sales down 33.9%.

Honda sales down 31.6%

Volvo sales tumbled 46.5%

Chrysler U.S. sales fell 47%

GM falls 41%

The auto slump has gone global: Indian auto maker Tata Motors posted a 30% sales decline (its 2nd consecutive month of big sales drop)

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More data coming soon

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