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Friday, January 16, 2009

Is Spring coming to Auto Industry?


Everyone in US or even around the world is most likely suffering from the recession. Among those big corporations, Auto Industries must be the one which hurts the most. They hardest hit by this recession with dropping sales they would never expected before. People reduce the times of going out; most people stop travelling by cars during weekends or even longer break; no mention to the small number of new car buyers. Along with the Auto Industry, housing and retail are distressed as well. As the time Obama come into the board, we are holding breath and waiting to see if the economics would be better. Spring is coming to the nation, is that also coming to Auto Industry?

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